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Record breaking $6000 raised at Taste Of Summer Charity BBQ - SteinbachOnline.com - Local news, Weather, Sports, Free Classifieds and Job Listings for Steinbach, Manitoba

Record breaking $6000 raised at Taste Of Summer Charity BBQ - SteinbachOnline.com - Local news, Weather, Sports, Free Classifieds and Job Listings for Steinbach, Manitoba
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Smoker Friendly sells off minority stake to Houston investor – BizWest


BOULDER The Cigarette Store Corp., the Gunbarrel-based company that owns and operates Smoker Friendly tobacco retail and convenience stores, recently sold off a minority stake in its business to Houston-based investor Main Street Capital Corp. 
Main Street paid $51.7 million for an undisclosed portion of SF’s equity, according to the company news release. 
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Smoker Friendly Receives $51M Funding Boost to Grow Operations


Smoker Friendly Receives $51M Funding Boost to Grow Operations
BOULDER, Colo. Smoker Friendly is poised for more growth as its holding company, Bolder Panther Group LLC, completes a minority recapitalization and debt restructure with Main Street Capital Corp.
In the transaction, Main Street funded $51.7 million in a combination of first-lien, senior secured term debt and a direct preferred equity investment. Smoker Friendly continues to be owned and operated by the Gallagher family and led by the current management team.
Main Street is also providing the company with a revolving line of credit to support its working capital needs and has agreed to make a delayed draw term loan available to the company to assist with its acquisition growth strategy. ....

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