Crown supports Canadian Helicopters buy with $8 mln loan
Canadian specialty finance firm Crown Capital Partners has supplied an $8 million term loan to Canadian Helicopters Ltd, a provider of helicopter transportation and related support services based in Les Cèdres, Québec. The loan supported the purchase of the company's onshore operations by President and CEO Don Wall. The buy, wrapped up last month, saw HNZ Group Inc, Canadian Helicopters' parent organization, taken private and split between two buyers. Founded in 1947, Canadian Helicopters today has a network of 11 fixed bases and owns and operates 91 light, medium, and heavy lift helicopters.
2 January 2018•3 mins read
