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New Deal


Announced

Stern Partners to acquire Grafton Apparel.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Clothing and Accessories

Private

Acquisition

Majority

Private Equity

Pending

Friendly

Canada

men's apparel

Domestic

Single Bidder

Synopsis

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Stern Partners, a Canadian private investment company, agreed to acquire Grafton Apparel, a Canadian seller of men's apparel. Financial terms were not disclosed. "The growth of the retail apparel market in Canada has been an area of interest for us. Grafton's commitment to delivering quality and value to consumers, backed by a strong team, has created a growth trajectory that we want to support. We are excited to partner with the strong team at Grafton as we turn the page into this next chapter together," Daniel Cairns, Stern Partners Associate.

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