Stake Purchase • Apparel/Textiles

Right Season Investments Invests In Grounded People Apparel

On January 13, 2023, growth capital firm Right Season Investments invested in apparel/textiles company Grounded People Apparel

Investment Context
  • This is Right Season Investments’ 1st transaction in the Apparel/Textiles sector.
  • This is Right Season Investments’ 3rd transaction in Canada.
  • This is Right Season Investments’ 3rd transaction in British Columbia.

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Investment Summary

Date January 13, 2023
Target Grounded People Apparel
Sector Apparel/Textiles
Investor(s) Right Season Investments
Deal Type Stake Purchase

Target Company

Grounded People Apparel

Vancouver, British Columbia, Canada
Grounded People Apparel designs, produces, and sells shoes in Canada. Grounded People Apparel was founded in 2020 and is based in Vancouver, British Columbia.
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Investor Overview 1

DESCRIPTION

Roadman Investments Corp. is an investment issuer focused on investing growth capital into private and public companies in a broad range of sectors including agriculture, financial services, health and wellness, and technology services. Roadman Investments Corp. was formed in 2007 and is based in Vancouver.


Deal Context for Investor #
Overall 3 of 4
Sector: Apparel/Textiles 1 of 1
Type: Stake Purchase 1 of 2
State: British Columbia 3 of 4
Country: Canada 3 of 4
Year: 2023 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-12 CLOV Biopharma

British Columbia, Canada

CLOV Biopharma (CBP) performs research and development of cedar leaf oil vapor (“CLOV”) for the purposes of preventing the spread of Coronavirus and other similar potentially pathogenic respiratory viruses, for example, influenza and parainfluenza viruses, and respiratory syncytial virus. CBP intends to manufacture or source a diffuser that is functional with cedar oil that may be effective in killing viruses to prevent them from spreading. CBP has an exclusive license for the right to acquire and use cedar leaf oil vapor, including certain know-how, industry knowledge, and experience relating to CLOV for the pharmaceutical, healthcare, and biotechnology industries. CLOV Biopharma was formed in 2020 and is based in British Columbia.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-27 Bettermoo Food

Vancouver, British Columbia, Canada

Bettermoo(d) Food is a beverage company. The company focuses on developing and delivering beverages through online and in-store retail platforms. It offers Moodrink, a plant-based dairy alternative beverage. Bettermoo(d) Food is based in Vancouver, British Columbia.

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