[2] Headquartered in the Montreal borough of Saint-Laurent, Quebec, the number of outlets carrying MTY brands reached 5,500 in 2017.

[6][7][8] It operates in Canada, United Arab Emirates, Jordan and Morocco and in 2009 revenue from franchise fees increased 75 percent.

The move improved short term cash flow by enabling it to take advantage of non-capital tax losses quicker.

[17] On May 21, 2010, president, CEO, and chairman of MTY Food Group Stanley Ma opened the Toronto Stock Exchange.

[18][failed verification] In 2016, in a bid for faster expansion, MTY offered to buy the Quebec-based St-Hubert chain of restaurants with its rich chicken product menu.

MTY's offer was rejected in favour of the purchase of St Hubert brand by Ontario-based Cara Operations.

[34] Additionally, each location features the restaurants' famous steam table, showcasing Chinese comfort foods and dishes made fresh daily.

In April 1999, MTY acquired Fontaine Santé, a 22-unit health food quick service restaurant chain in Quebec, for an undisclosed amount.

[37] Under the name iNsu Innovations, MTY acquired the brand La Crémière in November 2001, which oversaw 74 locations (all were in Quebec at the time), from Agropur Coopérative for $750,000.

[38] The acquisition, which included the Beaver Tails trade name, brought the company's system-wide sales up to $50 million.

[60] Valentine is a Canadian chain of over 100 privately owned restaurant franchises operating in the province of Quebec, Canada.

[68][69] In May 2013, MTY subsidiary MTY Tiki Ming Enterprises Inc. struck an agreement to buy the assets of Mississauga, Ontario-based Extreme Brandz, owner of Extreme Pita, PurBlendz, and Mucho Burrito, for $45 million (U.S.) from the three co-founders, Alex Rechichi, Mark Rechichi and Sean Black.

In June 2013, MTY paid $1.05 million to acquire SushiGo, a small chain of five restaurants, two of which were corporately owned.

[72][73] MTY Food Group announced on July 8, 2014, that it had completed the acquisition of the assets of Café Dépôt, Sushi Man, Muffin Plus, and Fabrika.

The total consideration for the transaction was $13.9 million, paid from MTY's cash on hand and existing credit facilities.

[77][78] In December 2014, MTY paid $7.9 million from cash on hand to acquire Manchu Wok, which had 133 stores in its operations, 114 of which were franchised and 19 corporately owned.

[82] In May 2016, MTY announced a friendly takeover deal with the Kahala Brands Ltd restaurant franchise company (2,800 stores worldwide).

MTY thereby added 18 American brands to its portfolio, including Cold Stone Creamery, America's Taco Shop, and Kahala Coffee Traders.

[86] In December 2016, MTY acquired 60 percent of the 5-unit ice cream chain La Diperie for $0.9 million paid in cash.

Following an announcement made in February 2018, MTY acquired the assets of Timothy's World Coffee and Mmmuffins from Threecaf Brands, Canada, Inc., a subsidiary of Le Duff America, in April 2018.

[96] In April 2019, MTY purchased Vancouver, Washington-based Papa Murphy's Holdings Inc., a take-and-bake pizza chain, for $190 million.

[97] In August 2022, MTY agreed to merge with BBQ Holdings Inc, a franchisor and operator of restaurants in 37 U.S. states, in Canada, and in the United Arab Emirates.

BBQ Holdings was the parent for Famous Dave's, Bakers Square, Village Inn, Granite City Food & Brewery and Tahoe Joe's.

[101][102] MTY owns exclusive Canadian franchise rights to Yogen Früz for 20 years that began in 2006 due to a $13 million agreement made with Coolbrands International.

[104] The last public report on these matters was published in 2021,[105] establishing the pillars of company’s ESG strategy: food, planet, and people.