Westward Partners Recapitalizes Three Bears Alaska
March 17, 2022
Seattle-based private equity firm Westward Partners completed a recapitalization of Three Bears Alaska, a family-owned grocery and fuel retailer, with Cascadia Capital acting as exclusive financial advisor. The transaction provides liquidity to certain shareholders while supporting Three Bears' planned growth into underserved Alaskan and Montana markets and retains majority Alaskan ownership.
- Buyers
- Westward Partners
- Targets
- Three Bears Alaska
- Sellers
- Certain shareholders of Three Bears Alaska
- Industry
- Retail
- Location
- Alaska, United States
- Transaction Type
- Recapitalization
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