Raymond Chabot Grant Thornton advises Olly Fresco’s Canada on a growth capital financing transaction
Olly Fresco’s is a leading prepared food market concept, geared towards urban core professionals with a mission to be the neighbourhood’s “go to” breakfast and lunch favourite.
In 2009, they opened their first location in Calgary. Today, they have grown to 11 locations across the country in Canada’s busiest urban business centres while serving over 20,000 customers daily.
Olly Fresco’s offers prepared hot meals and sandwiches, vegan food and other made-to-order lunches and dinners, all provided in an efficient check-in-to-check-out experience.
The Company will use the capital obtained to accelerate its expansion plan across Canada and plans to more than double the number of stores by 2020.
Raymond Chabot Grant Thornton acted as exclusive financial advisor to Olly Fresco’s Canada.
‘’Raymond Chabot Grant Thornton accompanied Olly Fresco’s in our first capital raise. Yasser, Saki, Rachel and the Raymond Chabot Grant Thornton team were knowledgeable, professional and courteous.’’ states Dany Bitar, President. ‘’They brought value and options and helped us choose the right partner for our growth plan. We look forward to working with the Raymond Chabot Grant Thornton team again in the future.’’
To learn more about how Raymond Chabot Grant Thornton can help meet the needs of your business, please contact our Corporate Finance team.
About Raymond Chabot Grant Thornton
Raymond Chabot Grant Thornton is a Canadian leader in the areas of assurance, tax, advisory services and business recovery and reorganization. Our leading mid-market focused corporate finance advisory team provides sector-specific advice on mergers, acquisitions and divestitures; debt and equity capital markets.
We bring deep industry knowledge to each transaction to support our clients’ corporate finance strategies and priorities. A member company of Grant Thornton International and the Canadian counterpart of Grant Thornton LLP, Raymond Chabot Grant Thornton has more than 2,500 employees and is one of the world’s largest professional services network made up of 50,000 people in over 135 countries.
Our deal team for this transaction: