BDC, EDC supply $5 mln in mezz funding to grow GSM Project
BDC Capital and Export Development Canada (EDC) have provided $5 million in mezzanine financing to GSM Project, a Montréal multidisciplinary designer and producer of visitor experiences. Founded in 1958, GSM partners with diverse clients, such as cultural institutions, consumer brands, real estate developers and governments. Led by CEO Annie Derome, the company plans to use the loan's proceeds to support its global growth and prepare for upcoming opportunities in the Middle East and Eastern Asia. BDC invested through its Growth and Transition Capital division. GSM is also a portfolio investment of XPND Capital.
15 February 2018•3 mins read
