Pacific West Commercial Corporation, an affiliate of Vancouver-based Stern Partners Inc., has completed the acquisition of Comark Inc., a Canadian specialty fashion retailer.

The deal includes Comark’s business and 300 retail assets, operating as Ricki’s, Bootlegger and cleo stores.

Comark’s retail banners will continue on as separate affiliates of Stern Partners. Meanwhile, the new owners have offered jobs to nearly all of Comark’s 3,000 employees.

“We are confident in the underlying business and believe that, with Comark’s liquidity issues behind it, the business is poised for success,” said Ronald N. Stern, president of Stern Partners. “We are excited about growing the business with the companies’ valued employees, customers and suppliers across Canada. We also wish to welcome the employees to our group. The strong employee talent pool represents one of the key elements that attracted us to this acquisition.”

Stern Partners has significant retail experience with controlling interests in two national retailers, Warehouse One and Urban Barn.

Comark President and CEO Gerry Bachynski will continue in a senior leadership position with the business.