PE Hub: Freshly funded repair retailer Mobile Klinik buys Device Care

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Mobile Klinik, July 3rd, 2019

PE Hub: Freshly funded repair retailer Mobile Klinik buys Device Care

Mobile Klinik has acquired Device Care, a Cambridge, Ontario-based smartphone accessories and repair chain, for an disclosed amount.

Founded in 2014, Device Care provides branded and private-label accessories and repair services to customers through six locations in Ontario and Québec.

Mobile Klinik, a Toronto-based smartphone and tablet repair, care, sales and services retailer, said the acquisition both complements and enhances its Canada-wide business.

In May, Mobile Klinik raised $27.5 million in a Series C financing, bringing total funding to $44 million. The round included a minority investment from Canadian Business Growth Fund.

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