Crown Capital lends $25 mln to family-owned Rokstad Holdings
Canadian specialty finance firm Crown Capital Partners has provided a $25 million loan to Rokstad Holdings Corp, a Coquitlam, British Columbia-based provider of power line construction and maintenance services in North America. Rokstad's power line services include emergency and storm response, transmission and distribution line construction, and maintenance and underground cable services. Founded in 2008, the company was reacquired last year by the Rokstad family from U.K. construction business Carillion Plc. CEO Aaron Rokstad said the loan's proceeds will allow Rokstad to leverage a "growing pipeline of new projects and opportunities."
29 April 2019•3 mins read
