All Mountain Equipment Co-op articles
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News briefs
Kingswood Capital completes acquisition of MEC
We previously reported that the announcement of the sale of Canada’s largest outdoor chain with 21 doors, Mountain Equipment Co-op (MEC), to Kingswood Capital Management, a Los Angeles-based private equity firm, sparked widespread discussions and even outrage among Co-op members across Canada. This week, Kingswood Capital announced that it has ...
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Article
Canada’s MEC to be taken over by U.S. investor; co-op owners feel betrayed
The announced sale of Canada’s best-known outdoor equipment retailer, Mountain Equipment Co-op (MEC), to Kingswood Capital Management, a Los Angeles-based private equity firm, has sparked widespread discussion across Canada. MEC was founded in 1971 in Vancouver, British Columbia. To be able to shop in the store, customers had to purchase ...