M&A Deal Summary

Coast Appliances Acquires Colony Appliances

On May 6, 2020, Coast Appliances acquired retailer Colony Appliances

Acquisition Highlights
  • This is Coast Appliances’ 1st transaction in the Retail sector.
  • This is Coast Appliances’ 1st transaction in Canada.
  • This is Coast Appliances’ 1st transaction in British Columbia.

M&A Deal Summary

Date 2020-05-06
Target Colony Appliances
Sector Retail
Buyer(s) Coast Appliances
Deal Type Add-on Acquisition

Target

Colony Appliances

North Vancouver, British Columbia, Canada
Colony Appliances is an appliance retailer on the North Shore Colony that has been providing families with the very latest in appliances.

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Buyer(S) 1

Buyer

Coast Appliances

Vancouver, British Columbia, Canada

Category Company
Founded 1978
Sector Retail
DESCRIPTION

Coast Appliances is an independent distributor and retailer of major appliances serving the builder, contractor and retail markets across Canada. The company offers a truly differentiated destination retail experience, including live kitchens for customers to experience products first hand. Coast has extensive, long-term customer relationships with builders of multi- and single-family homes and an established, rapidly growing retail presence countrywide. Coast is dedicated to delivering the brands you want, and the expertise you need, as it strives to offer its customers exceptional service. Coast Appliances was formed in 1978 and is based in Vancouver, British Columbia.


DEAL STATS #
Overall 1 of 1
Sector (Retail) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2020) 1 of 1