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).