A&W Revenue Royalties Income Fund and A&W Food Services of Canada Inc. have successfully merged to form A&W Food Services NewCo, a new publicly traded growth-focused quick-service restaurant franchisor in Canada.

Target Information

A&W Food Services NewCo emerged from the recent strategic merger between A&W Revenue Royalties Income Fund and A&W Food Services of Canada Inc. This new entity is set to be a prominent player as a publicly traded, growth-oriented quick-service restaurant (QSR) franchisor in Canada. A&W Food Services NewCo operates a number of franchises across the nation and is recognized for its well-established brand, a legacy built over 68 years, which includes popular items like The Burger Family®, Chubby Chicken®, and A&W Root Beer®. The transaction provides shareholders the opportunity to realize potential growth while still benefiting from the firm’s existing leadership and attractive quarterly dividends.

Industry Overview in Canada

The quick-service restaurant industry in Canada has shown significant resilience and adaptability in recent years. It largely comprises a diverse range of dining options from burger joints to coffee shops, catering to a wide array of customers seeking convenience and quality. As consumer preferences evolve towards healthier options and sustainability, Canadian QSRs have been quick to incorporate these trends into their menus and business practices.

Additionally, the expansion of technology, including online ordering, delivery apps, and digital payment methods, has transformed the way Canadian consumers