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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