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Canadian-owned · Vancouver, BC
Sold back to a Canadian investor group led by Tim Gu (also an investor in Roots and Tilley) in May 2025, ending the 2020–2025 period of US private equity ownership under Kingswood Capital Management. Confirmed via MEC's own press release plus independent retail trade reporting (retail-insider.com, hardlines.ca). A partial management buyout — CEO Peter Hlynsky and CMO Chris Speyer are also part of the new ownership group.
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