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October 5, 2020updated 14 Dec 2020 2:50pm

UCG makes strategic investment in Frank And Oak 

New retail group Unified Commerce Group (UCG) has made a strategic investment in Canada's sustainable fashion brand Frank And Oak. 

New retail group Unified Commerce Group (UCG) has made strategic investment in Canada’s sustainable fashion brand Frank And Oak. 

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How attractive are current investment opportunities in Europe?

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  • Track the M&A and Capital Raising volumes into their target market
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  • Assess and showcase the growth potential for various Industries in the target economy
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Following this investment, UCG will offer necessary resources to Frank And Oak to continue the company’s operation in Canada and accelerate expansion into the US.  

It will also help the retailer to expand into new markets such as Asia. 

The partnership is carried out through an asset sale transaction and subject to approval from the Superior Court of Quebec. 

Modasuite is serving as the current Frank And Oak operator. 

Unified Commerce Group co-founder and chief executive officer Dustin Jones said: “We are delighted to welcome Frank And Oak to UCG. 

“Frank And Oak is exactly the type of brand we set out to work with and we are excited to embark on its next chapter.  

In collaboration with the brand’s skilled CEO Jeremy Brown and the talented team in Montreal, we look forward to furthering the brand’s success in Canada and abroad.” 

Launched in 2012, Frank And Oak specialises in designing men’s and women’s apparel and accessories from its Montreal headquarters. 

In June, the certified B Corporation, Frank And Oak filed a notice of intention to make a proposal to its creditors under the Bankruptcy and Insolvency Act. 

Frank And Oak co-founder and chief operating officer Hicham Ratnani said: “UCG provides an exciting path forward with a group that appreciates and will invest in our unique assets, vision and team.  

I’m immensely proud of all that we have accomplished and overcome and the direction we are moving in as a brand.” 

Free Report
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How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.