BDC Capital funds MBO of metal fabrication company Perfexia
BDC Capital has provided undisclosed mezzanine financing to support the management buyout of Perfexia, a Kitchener, Ontario-based maker of light metal components and heavy welded assemblies. BDC partnered with Jeff Heffernan, formerly a Perfexia executive and minority shareholder. The seller was David Jones, the company's owner since 2000. BDC, which has previously backed Perfexia, invested through its Growth and Transition Capital group. Director Mark Lunick led the deal. Founded in 1977, Perfexia specializes in laser cutting, forming and welding of components, finished parts and assemblies for the industrial, construction, transportation and consumer product sectors.
25 July 2019•3 mins read
