Emerging and High Growth Companies

Sleepout in its strategic investment by Sleep Country

Sleepout
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Sahil Chopra

Associate, Emerging and High Growth Companies, Toronto

 

On November 23, 2021, Sleep Country announced it had completed its $500,000 strategic investment in Sleepout. The investment will provide Sleep Country with a 25% ownership stake in Sleepout, which marks Sleep Country’s first minority investment and will allow Sleepout to grow their business through logistical assistance and business relationships.

Sleepout is a Toronto-based creator of the Sleepout Curtain, a patented portable blackout curtain used to improve sleep.

Sleep Country is a Canadian omnichannel specialty sleep retailer.

Osler, Hoskin & Harcourt LLP advised Sleepout with a team consisting of Chad Bayne and Sahil Chopra (Emerging and High Growth Companies).

Value
$500,000
Date Closed
November 23, 2021
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Sahil Chopra

Associate, Emerging and High Growth Companies, Toronto