Cascadia Capital is pleased to announce the promotion of James Cartales to Managing Director in the firm’s Consumer & Retail group. As a Managing Director, Mr. Cartales will continue to provide M&A advisory and equity capital raising services to founder and family-owned companies across the ecommerce, experiential retail, and consumer services sectors.
Mr. Cartales joined Cascadia Capital in 2013 and has been involved in over 40 transactions over the last nine years at the firm. During that time, he has played a central role in Cascadia’s marquee consumer transactions, such as the sale of Air Waves to Hybrid Apparel, the sale of 2nd Ave Value Stores to BRS & Co. and Rosser Capital Partners, and Flagship Food Group’s recapitalization of La Tortilla Factory.
“James has been an integral leader of the firm for many years and has steered some of Cascadia’s largest and most complex transactions,” noted Michael Butler, Cascadia Capital Chairman & CEO. “He is tremendously deserving of this promotion and has long displayed the expertise and capabilities necessary to serve our consumer clients with the highest caliber, trusted advice and support.”
As a founding member of the Consumer & Retail practice, Mr. Cartales has been instrumental in reshaping the firm’s consumer focus, particularly in light of COVID-19’s evolving impact on the retail sector.
“We believe Consumer & Retail will continue to be a vibrant industry for Cascadia’s investment banking platform. However, the sector has undergone significant change over the past three years,” added Bryan Jaffe, Cascadia Managing Director. “James is highly knowledgeable about consumer behavior and has deep expertise in the business models that are resonating today and will likely continue to resonate in the foreseeable future, in particular within apparel and accessories and home furnishings. Additionally, his experience in unit-economic models is applicable to both the physical and digital channels that our clients sell through.”
“I am honored to receive this promotion and look forward to continuing to contribute to Cascadia’s long term growth objectives by effectively serving our exceptional clients,” Mr. Cartales added.
James Cartales is based in Cascadia’s Seattle office and serves Cascadia’s consumer clients across the U.S. For more information, visit his bio here.