Restaurant Brands International Inc. was created in 2014 when 3G Capital, a Brazilian private equity firm, backed Burger King's $11.4 billion acquisition of Tim Horton's. 3G Capital owns more than 41% of Restaurant Brands International's common stock. QSR consists of Burger King (the world's second-largest quick-service restaurant chain), Tim Horton's (Canada's second-largest chain), and Popeye's Louisiana Kitchen, which it acquired in March 2017. The company has more than 26,000 restaurants worldwide. Franchisees own 99% of these restaurants. About 44% of revenue comes from international markets.
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John D. Staszak, CFASecurities Analyst: Consumer Discretionary & Consumer Staples