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New Deal


Announced

Sleep Country to acquire Silk & Snow for $32m.

Financials

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Transaction Value£26m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Recreational Products

Canada

Private

Pending

Domestic

lifestyle products

sleep products

Acquisition

Majority

Friendly

Synopsis

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Sleep Country, an omnichannel specialty sleep retailer, agreed to acquire Silk & Snow, a direct-to-consumer sleep brand specializing in high-quality sleep and lifestyle products, for $32m. "We're proud of what our team has been able to build here at Silk & Snow. We started Silk & Snow with the intention of providing high-quality products that allow our customers to love their homes. Five years later, with quality as a top priority, we've delivered on our promise of building a brand that offers thoughtfully made sleep products," Albert Chow, Silk & Snow CEO and Co-Founder.

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