Industry
Full-Service Restaurants
Company Profile
Cara Holdings Ltd. is owned by the Phelan family that has maintained a significant ownership interest in Cara Operations since founding the business 125 years ago. Restaurant brands owned by Cara Operations include: Swiss Chalet, Harveys, Milestones, Montana’s, Kelsey’s, East Side Mario’s, Biermarkt, Casey’s, and Prime pubs. Cara Operations is a publicly-traded company listed on the Toronto Stock Exchange (TSX:CAO).
NewPoint’s Role
NewPoint has provided financial advice to the Phelan family, with regard to the alternatives available to Cara Operations on multiple occasions.
Transaction Snapshot