We Hear You: An Open Letter to MEC Members from the Purchaser of MEC

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/CNW/ - Dear MEC Members, We hear you. We understand the news of MEC's sale – to an American private equity firm, no less – is concerning to some members. We...
VANCOUVER, BC, Sept. 21, 2020 /CNW/ -

Dear MEC Members,

We hear you.

We understand the news of MEC's sale – to an American private equity firm, no less – is concerning to some members. We get it. We really do.

And while we regret that a sale was necessary and appreciate that some members are angry about not having had an opportunity to consider a member-led solution, those matters were and are beyond our control.

What is not beyond our control – or yours – is what happens next.

Let us share a bit of what we have in mind. All we ask is that you hear us out and give us a chance to earn your trust. Because we believe that if we work together, we can not only save MEC but make it better than ever while remaining true to its values and ideals.

Our plan is pretty simple: above all else, we are going to put our customers – and the people who take care of them – first.

That means focusing on the stores. It means supporting our passionate people on the floor who have real knowledge and expertise, and focusing our product mix on the kind of outdoor living and technical gear that made you fall in love with MEC in the first place. It means we will be investing new money to improve the way our stores look and function, and how we serve people online. We will continue…
Kingswood Capital Management LP
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