MISSISSAUGA, ON, October 5, 2021 / CNW / – CWB Franchise Finance, a partner company of CWB Financial Group, has provided a loan facility to Dream Hospitality Group Inc. to acquire all of the outstanding shares of Houston Avenue Bar & Grill and Industry Pizzeria + Bar from MTY Food Group. With the Director’s combined 36 years of experience in the beverage and food industry, Dream Hospitality’s new partnership with CWB facilitates their ambition to acquire and consolidate catering brands that complement their expansion goals. .
“A strong and lasting relationship with Dream Hospitality has allowed us to create a new and valuable growth opportunity for their business,” says Dimitri Mazur, Sr. Manager, Restaurants, CWB Franchise Finance. “We know that more and more business owners are looking to exit the pandemic with momentum, and with over 20 years of experience in the restaurant industry, we are here to provide competitive terms and solutions. proactive who continue to foster successful partnerships. “
“This is an exciting expansion opportunity for Dream Hospitality,” says Raimondo Messina, CFO and President of Dream Hospitality. “CWB has proven to be a committed partner in our business and we value their expertise and relationships throughout from Canada catering industry. We look forward to strengthening this already beneficial relationship as we continue to grow. “
About CWB Franchise Finance
CWB Franchise Finance, a division of the CWB Financial Group, specializes in financing regional and national restaurants and hotels and is a leading lender to the Canadian restaurant and hospitality industries. CWB Franchise Finance was acquired by CWB Financial Group in 2016 following a successful balance sheet. To date, more $ 3.5 billion has been invested in the Canadian hotel and restaurant industry, with over 900 clients and over 2,200 real estate locations over 20 years.
About CWB Financial Group
CWB is a diverse financial services organization known for a highly proactive customer experience serving businesses and individuals across Canada. The main lines of business of the CWB include full business and personal banking services offered through Canadian Western Bank branches, and personal banking services through our digital channels, including Motive Financial. . Highly responsive nationwide specialist financing is offered under the CWB Optimum Mortgage, CWB Equipment Financing, CWB National Leasing, CWB Maxium Financial and CWB Franchise Finance banners. Trust services are offered through CWB Trust Services. Comprehensive wealth management services are provided by CWB Wealth Management and its affiliated brands, including TE Wealth, Leon Frazer & Associates, CWB McLean & Partners and Canadian Western Financial. As a public company on the Toronto Stock Exchange (TSX), CWB trades under the symbols “CWB” (common shares), “CWB.PR.B” (preferred shares Series 5) and “CWB.PR.D” (series 9 preferred shares). Learn more about www.cwb.com.
About Dream Hospitality
The Dream Hospitality Group is a Canadian company founded in 2008 with a bold and progressive approach and an unprecedented dedication to the quality of food, decor and the overall dining experience it offers. Today, the group is proud to operate several strategically diversified brands and catering establishments in different culinary categories.
SOURCE CWB Franchise Finance
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