Mr. Irving Camelot, the Owner of Irvcam Holdings which is the principal shareholder of the Gallery stores, commented; “Mr. Waxler’s knowledge of retail operations goes far beyond what I expected from any investment banker. His insights helped us to prepare for the sale and ultimately achieve a value which was far superior then the value prior to our engagement with Scott. He could have brokered a quick sale, instead Scott opted to take the extra time to work with us to re-engineer several components of the business which resulted in a premium which was almost double the prior years value. He really is a “true partner” with whom any business owner can trust with their financial well being.
Scott Waxler, Managing Partner of LockeBridge,LLC, advised The Gallery, a discount outerwear retailer, on the sale of substantially all of the assets to a strategic acquirer. The Gallery, owned by two large Canadian holding companies, was recognized as having superior value by customers throughout North America.