Callodine Commercial Finance Makes First Investment on New Platform

Callodine Commercial Finance (“CCF”) recently provided CAD $20 million of financing to support Kingswood Capital Management’s acquisition of MEC, an established retailer, and Canada's go-to place for outdoor gear, know-how, and inspiration. This represents the inaugural transaction completed by CCF on the team’s new platform, after being acquired by Callodine Group. 

“We are thrilled to support Kingswood’s acquisition of MEC,” said Gene Martin, CEO of Callodine Commercial Finance.  “This is the first transaction where we were able to support our clients under the Callodine banner, and there will be many more to follow.”

Callodine Commercial Finance is a private asset-based provider of loans to middle market companies globally and is the successor business to Gordon Brothers Finance Company, LLC.