Foodtastic

Foodtastic

Foodtastic was founded in 2016 by CEO Peter Mammas and is headquartered in Montreal, with an additional office in Mississauga, Ontario. The firm functions as a franchisor and brand aggregator, acquiring established restaurant chains and scaling them through franchise development across Canada. The platform reports cumulative systemwide sales exceeding $1 billion, up from roughly $50 million in its early years (per firm website). The firm's strategy is concentrated in consumer-facing restaurant assets, spanning premium casual dining, quick-service, specialty coffee, and bar-and-entertainment concepts. Its portfolio includes Milestones, Second Cup, Pita Pit, La Belle et La Bœuf, and Rôtisseries Benny. More recent transactions add global franchise rights for Dunkin' in Canada, announced May 2026, and Jimmy John's, which began Canadian expansion with a plan for 12 locations by year-end 2025 (per firm website). Foodtastic also acquired Central Social Hall in February 2026. The firm typically buys banners outright and then layers on a centralized franchising infrastructure — a model distinct from a traditional private equity fund. Geographically, operations remain concentrated in Canada, though the Dunkin' deal signals an ambition to bring international brands into the domestic market under local master franchise agreements. The company states it counts over 1,200 restaurants and employs a team that supports franchisees with site development, supply chain, and marketing. The structural shape is a privately held operating company, not a disclosed single-family office or a regulated fund manager. In May 2026, Foodtastic signed a deal with Dunkin' to open hundreds of Canadian locations, adding scale to an already dense franchising portfolio (per firm website). No external fundraising rounds or institutional limited partners are disclosed in available materials. What distinguishes Foodtastic's architecture is its pure-play franchising aggregation inside a private corporate entity. Rather than raising a blind pool of capital, the firm appears to acquire brands on its own balance sheet and then monetize through unit-level franchise royalties — a model that aligns capital deployment directly with operating throughput rather than fund-level return windows. Succession and governance details beyond CEO Peter Mammas are not publicly documented.