MONTREAL — The company behind restaurants like Thai Express, Cold Stone Creamery and Mucho Burrito says it’s weighing a potential sale and other options to boost investor returns.

The board of MTY Food Group Inc. has launched a strategic review and engaged a financial adviser “to identify, review and evaluate potential strategic alternatives with a view toward continuing to enhance shareholder value,” the Montreal-based fast-food franchisor said in a news release Monday.

“The company is exploring a range of such alternatives including, but not limited to, a sale of all or part of the company as well as continuing to execute its current business plan.”

MTY cautioned that there’s no assurance a transaction will happen.

Its statement came after Reuters reported the company had hired TD Ba

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