Second Avenue Capital Partners (“SACP”), a Schottenstein affiliate, announced the closing of a USD $20 million senior secured credit facility for Bouclair, a leading Canadian home brand and omnichannel retailer specializing in stylish and affordable home décor and furnishings. This new credit facility will enhance Bouclair’s liquidity and flexibility, supporting its continued growth and expanding wholesale opportunities.
Founded in 1970, Bouclair has built a strong reputation for its in-house design team and exclusive Bouclair-branded collections. Headquartered in Montreal, Quebec, the company operates a robust omnichannel business, including an extensive brick-and-mortar presence across Canada, a thriving e-commerce platform and a growing wholesale and B2B division. As a recognized leader in Canada’s home décor and furnishings sector, Bouclair is well-positioned to accelerate its strategic initiatives by expanding wholesale partnerships with top retailers worldwide.
“As we continue to scale our business, securing a financing partner who understands our vision and offers the flexibility needed to execute our strategy is essential,” said Peter Goldberg, President & CEO of Bouclair. “Second Avenue Capital Partners brings deep retail financing expertise and a shared commitment to our long-term success. This credit facility enables us to strengthen our wholesale channel, expand our B2B platform and introduce our stylish, affordable home furnishings to new markets.”