Mountain Equipment Coop Exits Bankruptcy Under PE Ownership
U.S.-based Kingswood Capital has closed on its acquisition of the Canadian outdoor coop’s assets, and reiterated its commitment to keep 21 of MEC’s 22 stores open and hire over 85% of the active staff. The deal proceeded without drama, despite the grassroots efforts of the Save MEC group, who had raised ... Log in to view full article.
