Crown Capital Partners lends $15 mln to Alberta liquor retailer

Canadian specialty finance firm Crown Capital Partners has provided a $15 million special situations term loan to Solo Liquor Holdings Ltd, a private liquor retailer based in Calgary. Founded in 1996, Solo currently operates 41 retail liquor stores in locations across Alberta. The company, which is led by CEO Pali Bedi, plans to use the funds raised to expand its network of stores over the next several years. Last month, Crown Capital raised an additional $50 million for its fourth special situations fund. Crown Capital Fund IV now oversees $175 million in committed capital.

28 February 2017•3 mins read
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