Home / Business and Economy / Burger King's Parent Acquires Firehouse Subs, Strengthening Quick-Service Empire
Burger King's Parent Acquires Firehouse Subs, Strengthening Quick-Service Empire
15 Aug
Summary
- Restaurant Brands International created in 2014 by 3G Capital
- Owns Burger King, Tim Hortons, and Popeye's Louisiana Kitchen
- Acquired Firehouse Subs, a national fast-food chain, in December 2021

In 2014, the Brazilian private equity firm 3G Capital backed Burger King's $11.4 billion acquisition of Tim Hortons, creating the company Restaurant Brands International (RBI). As of August 2025, RBI now owns three major quick-service restaurant chains: Burger King, the world's second-largest, Tim Hortons, Canada's second-largest, and Popeye's Louisiana Kitchen, which RBI acquired in March 2017.
In December 2021, RBI further expanded its portfolio by acquiring Firehouse Subs, a national fast-food chain. This latest acquisition solidifies RBI's position as a dominant player in the quick-service restaurant industry, with a diverse range of popular brands under its umbrella. The company's rapid growth over the past decade, fueled by strategic acquisitions, has transformed it into a formidable force in the global food service market.