modal button

Silver Icing, Otter Co-Op and Harrison Pointe

Silver Icing, a leading online women’s wear brand, partnered with Ashdown Capital to consolidate their expansion from one location to three separate warehouse and distribution centers into a single 32,000 sq ft facility. This strategic move addressed inefficiencies and positioned them for continued growth.

Otter Co-op, serving the region since 1922, sought Ashdown’s expertise to secure $80 million for the acquisition of 19 liquor stores. The financing solution, a partnership with a credit union, not only met their needs but also provided additional growth funds, aligning with their cooperative values.

Harrison Pointe, a retirement home in Langley, BC, faced a time-sensitive challenge with a shotgun clause requiring quick financing. Ashdown Capital efficiently arranged short-term bridge financing followed by long-term solutions, ensuring stability and success for the owner.

Watch Testimonial Video
modal button

Enermax Mountain Manufacturing

Enermax Mountain Manufacturing is a Maple Ridge-based manufacturer of Heat Exchangers & Pressure Vessels. The company services many industries such as oil & gas, chemical manufacturing, food processing, and marine transportation & exploration.

The company’s General Manager was given the opportunity to acquire the business from the departing President as part of a succession plan through a management buyout.

It was challenging for the buyer to navigate financing as they had limited equity and also limited time, as they continued to run the daily operations of the business. The General Manager engaged Ashdown to outsource the sourcing, structuring, and negotiating of the financing package. Ashdown ran a competitive process with multiple lenders to source acquisition and working capital. The outcome was a lending package that supported the Management Buy Out with significantly cheaper capital relative to the market. The acquisition financing and working capital were also structured in a way to support the business’s ongoing success.

Watch Testimonial Video
modal button

Silver Icing

Silver Icing is a leading North American online women’s wear brand based in Surrey, BC. Through the company’s network of virtual and in-person stylists, women receive a revolutionary one-on-one shopping experience online. Silver Icing uses innovative technology and a social selling model to provide crowd-sourced fit advice. As a result, customers can confidently buy clothes online.

Silver Icing had experienced significant growth over the years and had expanded from one small location to three separate warehouse and distribution centers. There were inefficiencies in running three facilities, including additional costs and challenges in managing a large team across multiple buildings.

The company had a plan to consolidate the three locations into one and identified a 32,000 sq ft distribution center that would be suitable for purchase. The transaction was challenging as the company had to purchase the new location while also selling two of their existing buildings within an uncertain timeline.

Watch Testimonial Video