Sleep Country’s Investment in Sleepout

Osler, Hoskin & Harcourt LLP advised Sleepout on the transaction.

Sleep Country Canada Holdings Inc. ((TSX: ZZZ) 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 (Picture) and Sahil Chopra (Emerging and High Growth Companies).

 

Involved fees earner: Chad Bayne – Osler Hoskin & Harcourt; Sahil Chopra – Osler Hoskin & Harcourt;

Law Firms: Osler Hoskin & Harcourt;

Clients: Sleepout;

Sonia Carcano

Author: Sonia Carcano