BDC Capital finances Ben-Mor's double acquisition
Ben-Mor, a Sainte-Hyacinthe, Québec-based sling and cable assembly manufacturer, recently acquired two Canadian companies operating in the lifting equipment sector. The companies are Winnipeg-based Saturn Industries Ltd and Roughrider Rigging Ltd, which has facilities in Saskatoon and Regina. No financial terms were released. Both acquisitions were backed by BDC Capital's Growth and Transition Capital division. BDC provided an undisclosed unitranche financing solution, which combines different types of secured and unsecured debt. Founded in 1992, Ben-Mor is led by President and CEO Benoît Frappier.
10 May 2018•3 mins read
