Columbia West Capital News
06.19.14 CWC Closes Debt Capital Raise for TYR Tactical, LLC


Columbia West Capital ("CWC") is pleased to announce it has secured debt funding for TYR Tactical, LLC ("TYR"). TYR is a specialty product company that develops and manufactures a comprehensive offering of best-in-class body armor and load carriage solutions to special operations forces, the U.S. military, various U.S. government agencies, state and local law enforcement and corrections, foreign military and government organizations, and commercial interests.  

Since its inception in 2010, TYR has grown rapidly and profitably, serving a market which continues to experience growth as a result of the Global War on Terror, ongoing geopolitical uncertainty, heightened defense spending and law enforcement actions both in the United States and abroad. TYR's product offering is focused on increasing the efficiency and safety of personnel deployed on high-risk tactical assignments and includes over 4,300 SKUs of proprietary products. TYR markets these products individually or assembles them into specialized kits to meet customers' specific requirements.  

Columbia West Capital served as the exclusive financial advisor to TYR, considering senior and mezzanine debt alternatives before determining BMO Harris Bank to be the best partner, possessing an eye towards TYR's growth and offering the most flexible financing structure. "Our original concern was that senior debt was going to be difficult to obtain given our early stage and rapid growth, but CWC sourced numerous quality capital sources with very attractive pricing and terms. They were successful in helping us identify the right partner, and greatly reduced our expected cost of capital," said TYR CEO Jason Beck.