Cambio Merchant Capital is pleased to announce the closing of acquisition financing for a Calgary-based chain of shoe stores.

“Acquisitions are never easy,” explains Scott Larson, Director Corporate Finance. “In this case, our first job was to renegotiate the already signed purchase price to better reflect market conditions. Once we were able to get through that, we structured a new deal that consisted of senior debt from a bank as well as a mezzanine piece from a locally based institution. The equity from the purchaser and some vendor financing rounded out the capital structure.”

Cambio looks forward to working with the buyer to facilitate future acquisitions and growth across Western Canada. Terms and conditions of the financing were not disclosed.

For more information or to find out how Cambio can assist your company, please contact Brent Buhler, Managing Director Business Development at 403.615.4465 or brent@cambiocapital.com.

Cambio Merchant Capital is a boutique investment bank that works with small to medium companies through a capital transaction. Typical financings are growth capital, shareholder or management buyouts, refinancing, mergers and acquisitions, or real estate development.