Crown Capital Partners backs MBO of Corrosion Service
Canadian specialty finance firm Crown Capital Partners has extended mezzanine debt financing to Corrosion Service, a Markham, Ontario-based provider of corrosion protection and engineering solutions for specialized engineered capital and infrastructure assets. The value of the investment was not disclosed. Corrosion Service said the deal, which was structured by Canadian investment bank FirePower Capital, will support management's purchase of the business from shareholders. Crown Capital, which has offices in Toronto and Calgary, recently filed a prospectus to launch an initial public offering.
2 June 2015•2 mins read
