June 2019: Origin Merchant Partners Advises Mr. Mikes on sale of Mr. Mikes Royalty to Diversified Royalty Corp.

June 2019: Origin Merchant Partners Advises Mr. Mikes on sale of Mr. Mikes Royalty to Diversified Royalty Corp.

By Tracey Lamping's

All Transactions, Mergers & Acquisitions

juin 26, 2019

Origin Merchant Partners is pleased to announce that Diversified Royalty Corp. has acquired the trademarks and certain other intellectual property rights utilized by Mr. Mikes Restaurants Corporation in its restaurant business and entered into a royalty agreement with Mr. Mikes.

Origin Merchant Partners was retained by certain Mr. Mikes shareholders as Exclusive Financial Advisor with regards to the sale of the trademarks and certain other intellectual property rights of Mr. Mikes and the royalty agreement.

Diversified Royalty Corp. is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America. Diversified currently owns the Sutton, Mr. Lube, AIR MILES® and Mr. Mikes trademarks in Canada.

Origin Senior Lead: Charles Pennock