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Summary
Restaurant Brands International Inc. was created in 2014 when 3G Capital, a Brazilian private equity firm, backed Burger King’s $11.4 billion acquisition of Tim Hortons. 3G Capital owns more than 41% of Restaurant Brands International’s common stock.
QSR consists of Burger King (the world’s second-largest quick-service restaurant chain), Tim Hortons (Canada’s second-largest chain), and Popeye’s Louisiana Kitchen, which it acquired in March 2017. In December 2021, Restaurant Brands acquired Firehouse Subs, a national fast-food chain with more than 1,200 locations. The company has more than 30,000 restaurants worldwide. Franchisees own 99% of these restaurants. About 44% of revenue comes from international markets.
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