Bri-Chem Obtains Mezz Funding From Fulcrum
Bri-Chem Corp, a publicly-traded manufacturer and wholesale distributor of oil and gas drilling fluids and steel pipe, announced the company has received C$10 million in a subordinate debt and warrants from Canadian private equity firm Fulcrum Capital Partners. Edmonton, Alberta-based Bri-Chem will use the proceeds of this funding for acquisitions, working capital and other purposes. he Bri-Chem transaction represents Fulcrum's sixth disclosed deal this year.
17 December 2012•2 mins read
