BDC Capital funds buy of Canadian Space Services, CSS Wind
CSS Industrial Group of Cos has acquired Carp, Ontario-based Canadian Space Services, a provider of repair and maintenance services for dome-shaped enclosures for radars, and CSS Wind, a provider of similar services for wind turbines. Terms weren't disclosed. The deal was backed by $800,000 of mezzanine financing from BDC Capital's Growth and Transition Capital group. CSS Group is a newly formed holding company led by President Allan Duncan. It also holds Midstream Infrastructure Protection Technologies, a Toronto-based provider of field services for hard-to-access industrial installations. The three operating companies serve Canadian government agencies and businesses.
30 August 2019•3 mins read
