Stern Partners Acquires Grafton Apparel Ltd.

November 20, 2023

Grafton Apparel Ltd.'s shareholders have entered into a definitive sale agreement with an affiliate of Stern Partners Inc., a Canadian private investment firm controlled by Ronald N. Stern. Stern Partners said it will support Grafton as the company continues to independently operate and expand its 127 retail stores and three e-commerce sites (Tip Top, George Richards and Mr. Big & Tall) across Canada.

Buyers
Stern Partners Inc.
Targets
Grafton Apparel Ltd.
Sellers
Grafton Apparel shareholders
Industry
Retail
Location
Ontario, Canada
Transaction Type
Buyout

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