MKB invests in growth of mobile bike shop operator Velofix
Velofix, a Vancouver-based full-service mobile bike shop operator, has secured undisclosed financing from a fund managed by Canadian growth equity firm MacKinnon, Bennett & Co (MKB). Launched in 2013 by CEO Chris Guillemet, President Davide Xausa and Vice President Boris Martin, Velofix has since expanded through franchising. The round's proceeds will be used by the company for expanding across North America, enhancing its technology and scaling its marketing activity. Last year, MKB raised more than $50 million for MKB Partners Fund LP to invest in the clean energy, smart city and transportation sectors.
21 May 2019•3 mins read
