BDC Capital invests $6 mln in Lynx Equity's buy of Alpine Shredders

BDC Capital recently provided $6 million in mezzanine financing for the acquisition by Lynx Equity of Alpine Shredders, a Kitchener, Ontario-based provider of mobile shredding trucks. Lynx, a Canadian private equity firm, announced it had acquired the company in February. No financial terms were disclosed. BDC invested through its Growth & Transition Capital group. The transaction was led by Director Mark Lunick. Established in 2004, Alpine designs and builds paper shredding and mobile truck equipment for the North American market.

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