M&A Deal Summary

YM Acquires West 49

On November 4, 2013, YM acquired retailer West 49 from Ken Fowler Enterprises

Acquisition Highlights
  • This is YM’s 1st transaction in the Retail sector.
  • This is YM’s 1st transaction in Canada.
  • This is YM’s 1st transaction in Ontario.

M&A Deal Summary
Date 2013-11-04
Target West 49
Sector Retail
Buyer(s) YM
Sellers(s) Ken Fowler Enterprises
Deal Type Add-on Acquisition

Target

West 49

Burlington, Ontario, Canada
West 49 operates several banners across Canada that cater to younger extreme sports enthusiasts. West 49 offers apparel, footwear, accessories and equipment related to skateboarding, surfing, snowboarding, BMX, motorcross, and the music scene.

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Buyer(S) 1

Buyer

YM

Toronto, Ontario, Canada
Category Company
Founded 1975
Sector Retail
DESCRIPTION

YM Inc. was founded on the strength of a single retail store in the heart of downtown Toronto in 1975, under the name Stitches. Today, we are one of North America’s leading apparel retailers, operating over 600 stores under half a dozen distinct banners in prime locations across Canada and the United States. Our evolution continues, with extensive plans for an ongoing, strategic expansion in both markets.

DEAL STATS #
Overall 1 of 2
Sector (Retail) 1 of 2
Type (Add-on Acquisition) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2013) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-29 Charlotte Russe

San Francisco, California, United States

Charlotte Russe is a fashion brand for young women, offering affordable on-trend apparel, shoes, and accessories for all sizes, with a fun and engaging shopping experience wherever and whenever she wants. Charlotte Russe was founded in 1975 and is based in San Francisco, California.

Buy -

Seller(S) 1

SELLER

Ken Fowler Enterprises

St. Catharines, Ontario, Canada
Category Private Equity Firm
Founded 1972
Size Small
Type Sector Agnostic
DESCRIPTION

Ken Fowler Enterprises Ltd. (KFE) is a private equity firm that typically commits between $5 million to $15 million of capital per transaction. The firm seeks to invest in real estate, restaurants and hospitality, and specialty retailers. KFE also takes an active role in special situation investments. These investment opportunities lie outside the firm's normal focus, but add to the range of industries the firm invests in. These special situation investments include consumer finance, aerospace parts manufacturing, waste management, forestry, infrastructure technology, education and many other industries. Ken Fowler Enterprises Ltd. was formed in 1972 and is based in St. Catharines, Ontario.

DEAL STATS #
Overall 5 of 5
Sector (Retail) 1 of 1
Type (Add-on Acquisition) 5 of 5
State (Ontario) 3 of 3
Country (Canada) 3 of 3
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-22 Cango

Shanghai, China

Cango is an automotive transaction service platform in China connecting dealers, financial institutions, car buyers, and other industry participants. The Company’s services primarily consist of automotive financing facilitation, automotive transaction facilitation, and after-market service facilitation. By utilizing its competitive advantages in technology, data, and cloud infrastructure, Cango is able to connect participants across its platform while bringing them a premium user experience. Cango was founded in 2010 and is based in Shanghai, China.

Sell -
Mergr

Product

Company

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