Freshly funded repair retailer Mobile Klinik buys Device Care


Photo courtesy of Mobile Klinik

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.

PRESS RELEASE

Mobile Klinik Acquires Device Care, an Accessories and Repair Retailer

TORONTO, ON (July 3, 2019) – Mobile Klinik Professional Smartphone Repair, Canada’s largest and fastest-growing while-you-wait professional smartphone and tablet repair, care, sales and services retailer, today announced the acquisition of Device Care, a smartphone accessories and repair chain with six locations in Ontario and Québec, for an undisclosed amount.

Mobile Klinik is Canada’s leading walk-in device repair retailer, and Canada’s only national Samsung- and LG-authorized in-warranty while-you-wait repair retailer. The 52-store chain offers no-appointment-needed, trusted professional smartphone and tablet repair for almost all makes and models of devices, typically completing repairs in less than 60 minutes.

Device Care offers consumers a broad assortment of top-quality branded and private-label smartphone accessories, including cases, screen protection, power cables, headphones, speakers and gadgets, as well as smartphone and tablet repair services.

“Device Care has an exciting assortment of top-quality accessories, skilled staff, and high-performing locations that will both complement and enhance our business with mutual growth and learning opportunities,” said Tim McGuire, CEO, Mobile Klinik. “We will expand both the Mobile Klinik and Device Care brands across Canada to support our vision to provide all Canadians with the country’s best smartphone and tablet repair, care, sales and services. Together Device Care and Mobile Klinik will offer a broader range of products and services than any other device repair and accessories retailer.”

The Device Care network will initially include six existing retail locations in Ontario and Québec:

– CF Toronto Eaton Centre, Toronto, ON

– CF Sherway Gardens, Toronto, ON

– Upper Canada Mall, Newmarket, ON

– Cambridge Centre, Cambridge, ON

– Oshawa Gateway Centre, Oshawa, ON

– Place Montreal Trust, Montréal, QC

Dawood Shahid, Device Care’s Managing Director, added “We are excited about the growth opportunities that joining the Mobile Klinik team will provide to our store managers and associates – being part of a large and growing national network will give all the Device Care team members room to learn, contribute and grow that we would not have been able to achieve on our own. Mobile Klinik is the clear leader in the Canadian market and our people are excited about joining the winning team.”

About Mobile Klinik
Mobile Klinik Professional Smartphone Repair is Canada’s largest and fastest-growing professional while-you-wait smartphone and tablet repair, care and services retail chain with 52 stores in major shopping malls, select Walmart stores, and other high-traffic retail locations across the country. More stores will open every month as the company works toward its goal of over 200 stores across Canada. Visit us on Facebook or Twitter @MobileKlinik or go to www.mobileklinik.ca.

Contact

Liz Hamilton at liz.hamilton@mobileklinik.ca / 1.647.282.2802