TORONTO–(BUSINESS WIRE)–#BurgerKing–The Redberry Group (“Redberry”) is pleased to announce the reopening of the stand-alone BURGER KING® restaurant at Rockwood Mall after a complete exterior and interior remodeling. The changes are part of the enhanced dining experience of the “BURGER KING® of Tomorrow” concept featuring an Outdoor Digital Menu Board in the 24-hour Drive Thru, a beautiful new interior atmosphere, and a brand-new exterior.
“Our team at Redberry is embarking on an aggressive remodel plan with our partners at Burger King,” commented Ken Otto, CEO Redberry Group. “Our brand-new look at Rockwood Mall reflects the bold new direction for Burger King as well as our commitment to providing Canadians with the best flame-grilled burger experience ever.”
The renovation at Rockwood Mall (at the corner of Burnhamthorpe Road and Dixie Road, Mississauga) is the third BURGER KING® remodel completed by Redberry in 2019, with several more to follow this year.
Earlier this year, City Capital Ventures, LLC (“CCV”), a private investment partnership headquartered in Chicago, Illinois, announced the acquisition of Toronto-based Redberry Group and plans to accelerate new unit growth and remodels for both the BURGER KING® and Pizza Hut brands in Canada.
About Redberry Group
Founded in 2005, Redberry Group is one of the largest quick-service restaurant franchisees in North America with 110 BURGER KING® restaurants across Ontario, Quebec, and Manitoba and 23 Pizza Hut restaurants in Alberta. The Redberry-owned BURGER KING® restaurants represent 40% of all Canadian BURGER KING® locations.
About City Capital Ventures
City Capital Ventures is an investment partnership whose purpose is to pair capital with business opportunity in a better, more-tailored way. Investing on behalf of their network of family offices and private market investors, CCV seeks out firms with innovative business designs and attractive niche positions and looks to invest at inflection points — not pre-determined stages. Because of their flexible mandate, CCV investments are unbound by size or industry, though they typically invest in consumer, commercial and service businesses requiring up to $100 million of capital. CCV’s aim is to create lasting value for their investors, the companies in which they invest, and the broader stakeholders touched by their companies. For more information, visit www.citycapitalventures.com.
Sharron Fry, Director of Marketing