Mobile Klinik secures $6.85 mln in Kensington-led Series B

Smartphone and tablet repair company Mobile Klinik has raised $6.85 million in a Series B financing. The round was led by Canadian alternative asset management firm Kensington Capital Partners. It was joined by individual investors, including Tim McGuire, formerly of McKinsey & Co, and Rob Pitfield, formerly of Scotiabank. With the deal, McGuire has joined the board and will serve as chairman. Based in Ottawa, Mobile Klinik was launched in 2015 by wireless and retail executives, including CEO Rob Bruce, the former president of Rogers Communications Inc. It currently operates a chain of 20 stores in Ontario, Québec and Alberta.

11 September 2017•3 mins read
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