VANCOUVER, BC, Oct. 17, 2024 — A&W Revenue Royalties Income Fund (the “Fund”) and A & W Food Services of Canada Inc. (“A&W Food Services”) are pleased to announce the successful closing of the strategic combination (the “Transaction”) between the Fund and A&W Food Services to create a leading publicly traded growth-focused quick-service restaurant (“QSR”) franchisor (“A&W Food Services NewCo”). A&W Food Services NewCo offers a compelling new investment opportunity supported by a more conventional capital structure that can be leveraged to finance growth initiatives. With this transaction complete, shareholders will have the opportunity to fully capitalize on the many catalysts driving this Canadian success story while continuing to benefit from the experience and track record of the current leadership team and attractive quarterly dividend.
View StoryToronto, Ontario – July 15, 2024 – TorQuest Partners (“TorQuest”) is pleased to announce that it has completed the acquisition of Mevotech L.P. (“Mevotech” or the “Company”) from funds managed by Penfund Management Limited (“Penfund”). Ezer Mevorach will continue to be the CEO and a member of the board. Terms of the transaction were not disclosed.
View StoryMississauga, Ontario – July 10, 2024 – TorQuest Partners (“TorQuest”) announces that it has completed the sale of Onyx-Fire Protection Services (“Onyx-Fire” or the “Company”). Onyx-Fire is Canada’s leading independent provider of fire and life safety services. The Company provides critical fire protection services including testing, inspection, repair, retrofit, upgrade, and installation services to ensure that its customers are safe and compliant with stringent regulatory and insurance-related fire safety standards.
View StoryTORONTO, ONTARIO, DECEMBER 15, 2023 – TorQuest Partners, a Toronto-based private equity firm founded in 2002, today announced the final closing of TorQuest Partners Fund VI, with $2.1 billion of committed capital from external investors.
View StoryTransaction to Support Company’s Long-Term Geographic Expansion Objectives
First U.S. Acquisition Positions Company for Continued Growth in North America
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