Pita Pit Canada

Arranging financing to support acquisition and growth.

Background

Pita Pit Canada ("PPC") is the franchisor to 228 Pita Pit locations across Canada.  Pita Pit restaurants sell Mediterranean-style pita sandwiches, and offer a healthy alternative to traditional high fat, high-calorie fast foods. FirePower was engaged to arrange financing for PPC's acquisition of a majority interest in Pita Pit International ("PPI"), with a lender that would accommodate PPC's future expansion plans.

Solution

FirePower's Investment Banking division generated multiple proposals from lenders,  then negotiated and structured favourable terms and pricing for PPC.   With respect to the PPI acquisition, FirePower guided PPC to craft and negotiate a compelling offer that was attractive to both the seller and the lender.

FirePower negotiated the debt facility as part of a strengthened banking relationship for PPC, successfully positioning the company to move forward with the PPI acquisition and to execute on its future expansion plans.

Investment Banking Food, Beverage & Farming
Case Studies

Last Call Analytics
Last Call Analytics has developed a frontline sales analytics and visualization platform for the beverage and alcohol industry. FirePower invested Gap Debt as a way to bridge them to a Series-A financing.

Read Full Case Study

LEAP
LEAP Group was formed to acquire the assets of Metal Networks, an online quoting platform for metals procurement based in Austin, Texas. FirePower arranged a compelling deal structure for LEAP in this distressed situation.

Read Full Case Study
Market Insights
From the archives: September 2019

The Path to Exit and Beyond: Entrepreneurs' Stories, Part II
“The sale of a company can mark the beginning of a major time of reinvention and renewal...but It can potentially lead to a difficult…

Read Full Report