Cascadia Capital acted as the exclusive financial advisor to Cy’s Linen, a portfolio company of Talus Group, in securing a new debt facility led by Principal Alternative Credit. This financing solution will be used to refinance Cy’s Linen’s existing facility and provide additional capital to further expand and strengthen its platform into the broader Southeast region.
Cy’s Linen has secured a financing structure aligned with its acquisition-driven strategy, providing the capital and flexibility needed to pursue strategic growth opportunities.
“Cascadia Capital played a critical role in guiding us through this financing process, ensuring we had access to the right capital partners to support our expansion strategy,” Luis Aguilar, CEO at Cy’s, said. “We are grateful for their partnership and look forward to executing on our organic and inorganic growth initiatives with this new capital in place.”
Tom Mills, head of capital markets at Cascadia Capital, added, “Through a disciplined and competitive process, we attracted strong lender interest and delivered a financing solution that provides Cy’s Linen with the flexibility to continue executing on its growth strategy. It was great to work alongside the Talus team again and support Cy’s Linen as the company continues its strong momentum.”
