LOS ANGELES, CA (July 27, 2017) – St. Cloud Capital is pleased to announce an investment in Culver City, CA-based Burke Williams, Inc. It is an investment out of St. Cloud’s third fund, which has committed capital of $250 million.
Burke Williams is a full-service luxury day spa with eleven locations serving customers throughout California. The Company provides health and wellness services such as massage therapy, spa baths, skin and nail treatments. St. Cloud’s investment, in partnership with HCAP Partners, will be used to facilitate a debt recapitalization and provide capital to fund growth initiatives.
“Burke Williams has a strong brand and is an established leader within the luxury day spa and wellness industry” said St. Cloud Capital Managing Partner Benjamin Hom. “We are excited to partner with the Company.”
“Partnering with St. Cloud allows us to focus on growing our business and leveraging the premium brand that we have built,” said Bill Armour, Founder and CEO of Burke Williams. “St. Cloud has shown us their ability to creatively and constructively present financing solutions for the Company.”
St. Cloud Capital Principal Jeremy May commented, “We are very impressed with Bill’s leadership and the company that he and his management team have built. We look forward to supporting Burke Williams as it continues to grow.”
For more information about Burke Williams, please visit www.burkewilliamsspa.com
About St. Cloud Capital
St. Cloud Capital is a Los Angeles, CA-based private investment firm that provides growth capital to the lower middle market (companies with annual revenues generally between $10 million and $150 million) throughout the United States. St. Cloud typically invests $5 million – $20 million in companies across a wide range of industries in every layer of the capital structure, including senior secured debt, subordinated debt, and preferred and common equity. St. Cloud’s investment discipline includes non-control and control investments, and involves partnering with strong management teams or experienced industry entrepreneurs. For more information about St. Cloud Capital, please visit https://www.stcloudcapital.com