Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

April 02, 2015 6:05 AM ET

Hotels, Restaurants and Leisure

Company Overview of Cara Operations Limited

Company Overview

Cara Operations Limited is a full service restaurant company that owns, operates, and franchises restaurants in Canada. It owns various restaurant concepts, including Swiss Chalet, East Side Mario's, Milestones, Casey's, Bier Markt, Kelsey's, Fionn MacCool's, Montana's, and Harvey's. The company was formerly known as The Canada Railway News Company Limited and changed its name to Cara Operations Limited in 1961. Cara Operations Limited was founded in 1883 and is based in Vaughan, Canada.

199 Four Valley Drive

Vaughan, ON L4K 0B8


Founded in 1883

4,700 Employees





Key Executives for Cara Operations Limited

Chief Executive Officer and President
Age: 55
Chief Financial Officer
Age: 51
Chief Operating Officer and Executive Vice President
Vice Chairman and President of Cara Holdings Limited
Chief Development Officer and President of Family Dining Division
Age: 49
Compensation as of Fiscal Year 2014.

Cara Operations Limited Key Developments

Cara Mulls IPO

Cara Operations Limited is planning to go public and sell shares on the Toronto Stock Exchange. Cara Operations filed a preliminary prospectus to list shares on the Toronto Stock Exchange soon. According to the document, the initial public offering (IPO) will happen some time in the summer of 2015, if everything goes well. Financial details have yet to be determined, but Cara Operations announced that it’s planning to sell subordinate shares through a public offering.

SCENE Announces Strategic Marketing Partnership with CARA Operations Limited

SCENE announced a strategic marketing partnership that will see CARA Operations Limited ('CARA') become the program's exclusive restaurant partner. Beginning this summer, SCENE members will be able to earn and redeem points at 813 CARA restaurants, including Swiss Chalet Rotisserie & Grill, Harvey's, Milestones Grill & Bar, Montana's BBQ & Bar, Kelsey's, East Side Mario's, Fionn MacCool's, D'Arcy McGee's, Paddy Flaherty's, Tir nan Og and Bier Markt. SCENE members will earn one SCENE point for every $3 spent in-store and online at participating restaurants, in addition to ongoing bonus point offers. Members will be able to redeem 1,000 SCENE points to receive a $10 discount on their bill at participating CARA restaurant locations. The partnership will also enable guests to continue to earn and redeem SCENE points for CARA's gift card, The Ultimate Dining Card.

Cara Operations Seeks Acquisitions

Cara Operations Limited notes that its acquisition of Prime Restaurants Inc. from Fairfax Financial Holdings Limited (TSX:FFH) will bring opportunities for growth, acquisitions and sharing best practices as they merge.

Similar Private Companies By Industry

Company Name Region
Lettuce Serview Corporation Americas
Société des établissements de plein air du Québec Americas
Groupe Éric Morel Americas
Hotel Pur Americas
Sherkston Shores Beach Resort and Campground Americas

Recent Private Companies Transactions

December 22, 2014
Majority Stakes in Williams Landing and Hunters Landing and Harpers Landing Bar Grill Hub

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Cara Operations Limited, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at