Groupe Dynamite Inc. files for an IPO to list on the Toronto Stock Exchange as it expands.

Montreal-based Groupe Dynamite Inc., owner of the Garage and Dynamite retail chains, has filed a preliminary prospectus for an IPO to list on the Toronto Stock Exchange. With around 300 stores in Canada and the U.S., primarily expanding in the U.S. since 2022, the company aims to grow further and is exploring entry into markets like the U.K. The IPO is underwritten by major financial firms, but details on shares and pricing are yet to be determined.

November 08, 2024
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