Follow-On Offering

Consumer
Follow-On Offering

Summary

Baird served as co-manager on this offering

About

Aritzia Inc. (“Aritzia” or the “Company”) (TSX:ATZ) recently completed a follow-on offering of 20,100,000 shares of subordinate voting stock and a concurrent block trade of 1,788,366 shares of subordinate voting stock. All shares offered were sold by selling shareholders, resulting in gross proceeds of approximately $293 million. Aritzia will not receive any proceeds from the offering. The selling shareholders include Berkshire Partners, AHI Holdings Inc., and Sweet Park Holdings Inc., along with a group of the Company’s employees.

Aritzia is a rapidly growing, innovative design house and fashion retailer of exclusive brands. The Company designs apparel and accessories for its collection of exclusive brands and sells them under the Aritzia banner. The Company’s expansive and diverse range of women’s fashion apparel and accessories addresses a broad range of style preferences and lifestyle requirements for women aged 15 to 45. The Company is well known and deeply loved by its customers in Canada with growing customer awareness and affinity in the United States and outside North America. Aritzia aims to delight its customers through an aspirational shopping experience and exceptional customer service that extends across its retail stores and its eCommerce business, aritzia.com. Aritzia is headquartered in Vancouver, British Columbia.
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Consumer
Follow-On Offering
Date
January 2017
Company
Aritzia Inc.
Transaction
M&A
Sectors
Consumer
Target Location
North America
Acquiror Location
North America

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