Walter Capital Partners announced its partnership with the Charcoal Group of Restaurants, marking its fourth platform investment in Ontario. This collaboration aims to bolster the Charcoal Group's growth, particularly for its Beertown Public House brand. Walter Capital, led by President and CEO Éric Phaneuf, praised the Charcoal Group's innovative business model, which merges exceptional culinary experiences with an extensive beer and beverage selection. With plans to double the restaurant count by adding 15 to 20 new locations, Walter Capital is committed to expanding the Canadian market presence of the Charcoal Group.

Founded in 2003, with origins dating back to 1956, the Charcoal Group has established itself as a premier multi-concept hospitality operator in Ontario. Under the leadership of Jody Palubiski, the Group has experienced significant same-store-sales growth, credited to the unique customer experiences offered at Beertown. The management team's over two decades of industry experience have been pivotal in developing and operating distinctive restaurant concepts, contributing to the Group's success.

This investment by Walter Capital underscores its strategy to diversify into the experiential dining sector, focusing on businesses that deliver unparalleled and memorable customer experiences.