First West Capital invests $3.5 mln in expansion of FIELDS retail chain
Western Canadian retailer FIELDS has obtained a $3.5 million investment from Canadian private equity firm First West Capital. The Delta, British Columbia-based company, which operates a 62-location chain, plans to use its partnership with First West to identify new markets for expansion and to develop an online presence. Founded in 1948, FIELDS was owned previously by Hudson's Bay Co. The Vancouver-based First West, an investment arm of First West Credit Union, focuses on providing customized subordinated loans and mezzanine financing to small businesses.
8 September 2014•4 mins read
