Cooper Equipment secures $80 mln credit facility for SMS Rents buy
G.C. Andersen Partners Capital LLC, an affiliate of New York investment bank G.C. Andersen Partners LLC, has provided a senior credit facility of $80 million to support G. Cooper Equipment Rentals Ltd's purchase of SMS Rents. The deal, announced last month, will see Cooper acquire the Canadian rental equipment services provider by the end of the year. G.C. Andersen is the exclusive financial advisor to Cooper on the deal. Toronto-based Cooper is a portfolio company of Canadian private equity firm SeaFort Capital.





