Trace the store back to who actually owns it — before you decide where your money goes.
← Back to the full listMountain Equipment Company
4.0Sporting Goods
Originally the member-owned Mountain Equipment Co-op until financial distress led to its 2020 sale to Kingswood Capital Management, a Los Angeles PE firm, ending its cooperative structure entirely. In May 2025, a Canadian investor group led by Tim Gu took majority control, with Kingswood retaining a minority stake — a partial but incomplete return to Canadian ownership.
Ownership
Parent company
Mountain Equipment Company Ltd.
Nationality
Canadian investor-controlled since May 2025 (led by Tim Gu); formerly wholly US PE-owned (Kingswood Capital Management, 2020-2025), which retains an undisclosed minority stake
Voting control
75% Canadian (estimated)
Operating model
corporate
Last verified
2026-09-04