mnml

Completed Date

2021-10-14

Sector

Consumer

Deal Type

Company sale

Value

Not disclosed

Company bio

mnml is a direct-to-consumer go-to streetwear brand that offers competitively priced on-trend wardrobe staples. The Company designs, creates, and offers premium-quality apparel and accessories at affordable prices, catering to an on-trend, quality and price-conscious customer base.

Deal Summary

Acted as sole advisor to mnnl in its sale to a.k.a. Brands

Value Added to the Project

During the initial closing diligence process, mnml’s supply chain was disrupted due to COVID-19, resulting in delays and shortage of inventory which affected performance. Montminy & Co. elected to pause the process to allow Management time to address supply chain issues and strengthen the business. The process was successfully relaunched 12 months later and mnml was successfully sold at 2x the value from the initial process.

Deal Contacts

Joel Montminy

Joel Montminy's avatar

President & CEO

Adnan Iqbal

Adnan Iqbal's avatar

Managing Director

Steven On

Steven On's avatar

Vice-president

Dresner Partners is the exclusive American partner of Mergers Alliance

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