Fazzari + Partners advises on high-profile Canadian acquisition

Congratulations to MGI Worldwide member Fazzari + Partners LLP, Vaughan, Ontario, who recently played an advisory role in a major deal involving one of Canada’s best-known lifestyle brands, Roots Corporation.

Founded in 1973, Roots grew from a small business in northern Canada into an internationally recognised brand, with sales of over $200m (USD).  Also, the Company has more than 100 locations across the country and has a presence in the US and Asia.

Supporting a landmark Canadian deal

Fazzari + Partners, acted as advisor to clients Joseph Mimran and Frank Rocchetti, who through their company JM&A, have entered into an agreement to acquire the operations of the Roots Corporation. Under the agreement, the Roots brand will be taken private, with the transaction expected to close later this year, subject to the necessary approvals.

“Fazzari + Partners would particularly like to recognise team members Joe Figliomeni for leading the tax advisory work, as well as Stephanie Orestano, Eric Barrett, David Yousif and Fred Santini for their valuable contributions and support to aiding Joe and myself throughout various aspects of the transaction.

“This is an exciting milestone for our clients and a great example of the high-quality work and collaboration provided by our team.”

— Frank Fazzari | Managing Partner

Congratulations to Fazzari + Partners

It is great to see MGI Worldwide members bringing their expertise to significant transactions like this – supporting their clients as they pursue new opportunities and ambitions for growth.

For further information, visit Fazzari + Partners profile page or website.

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