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Portmanteau Stereo Co. productDeal made in the Den

Dragons' Den Canada Season 11

Portmanteau Stereo Co.

high-end stereo shop business

The ask$200,000for 30% of the business
Implied valuation$667Kask / equity
On-air resultDeal agreed
Founders: Jay DeMerit, Jeff "Heffe" McConnell

On the record

The deal, on the record

Portmanteau Stereo Co. asked for $200,000 in exchange for 30% of the business.

Season
11
On-air outcome
Struck a deal
Deal terms
$200,000 for 40% plus one free design from Joe Mimran, who did not invest
Investing Dragon
Michael Wekerle
Category
Food and Drink

Tracked by Dragons Den Hub. Deal terms come from the aired episode; availability reflects our latest check only.