On April 21, 2022, Sheertex announced it had completed its $101 million Series C financing round led by a major clothing company. With this financing, Sheertex plans to increase investments in the development of their proprietary materials while expanding their vertically integrated manufacturing as well as double its sales this year as it works to reduce the cost to manufacture its product.
Sheertex is a Montreal-based pantyhose company that sells indestructible pantyhose.
Osler, Hoskin & Harcourt LLP advised Sheertex with a team consisting of Chad Bayne, Gary Marshall, Chres Lee, Janice To (Emerging and High Growth Companies), Christine Jackson, Madison Black (Corporate) and Nik Popovski (Articling Student).