Sleep Country Canada

Sleep Country Canada Holdings Inc. is a Canadian mattress retailer and #1 specialty retailer of Canada with over 250 stores operating in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Prince Edward Island and Nova Scotia.

In 1994, the three partners Christine Magee, Stephen K. Gunn and Gordon Lownds launched the first four Sleep Country locations in Vancouver.

In 2003, Sleep Country converted into an income trust, and raised nearly CA$130 million in an initial public offering.

On August 14, 2008, The Canadian Press reported that two Toronto-based investment firms, Birch Hill Equity Partners Management Inc. and Westerkirk Capital Inc., made a friendly takeover offer worth $356 million (CAD) for all the units of the Sleep Country Canada Income Fund, the parent company of Sleep Country Canada.

On October 2, 2024, Sleep Country was acquired by Fairfax Financial for $1.7B CAD [4] This Canadian retail business article is a stub.

Sleep Country in Richmond Hill, ON
A Sleep Country store in Markham, Ontario