Mosaic taps more ATP-sourced credit to make acquisitions
Canadian private equity firm Mosaic Capital Corp has amended an agreement with the corporate financial services branch of ATB Financial to increase its credit facility from $35 million to $50 million. Mosaic CEO Mark Gardhouse said the additional credit availability will allow the firm to make more mid-market acquisitions. The Calgary-based investor earlier this year acquired a majority stake in Cedar Infrastructure Products Inc, a Vaughan, Ontario distributor of specialty materials used in construction.
4 July 2017•2 mins read
