Daily News: May 30, 2013

Salus Capital Closes Facility for Hudson Trail Outfitters

Salus Capital Partners announced it provided a senior secured credit facility to Hudson Trail Outfitters, an outdoor sporting goods, apparel and footwear retailer operating in Maryland, Virginia and Washington D.C. The financing will be used to provide working capital for general corporate purposes.

“Hudson Trail is proud and excited about its new partnership with Salus Capital Partners — in today’s market, strong, trustworthy, dynamic relationships are an absolute must when a business or a company has growth aspirations,” said Sandy Cohan, general manager of Hudson Trail Outfitters. “HTO looks forward to partnering with the Executive Team at Salus Capital in its quest to remain one of the most authentic, oldest, privately-held, relevant, small businesses in the Washington, D.C. Metro Area. Salus Capital comes to the table with a solid reputation for being expert problem solvers and creative thinkers — this new partnership will undoubtedly help to push the company to new heights, furthering the transition from a good company to a great company.”

“Hudson Trail lives as an empire of outdoor enthusiasts, relentless in the pursuit of providing its customers the newest and most cutting edge gear and clothing in the outdoor retail market,” said Andrew H. Moser, president of Salus Capital. “Salus has enjoyed a successful and longstanding relationship with the Cohan family and we look forward to assisting the management team as they continue to provide preeminent branded merchandise with a superior customer experience.”