DIRTT completes secondary deal, investors sell $17.5 mln in shares

DIRTT Environmental Solutions Ltd (TSX: DRT) has completed its previously announced secondary offering of common shares held by a group of private equity and venture capital investors. Net proceeds totaling $17.5 million accrued to Expansion Capital Partners, Export Development Canada, Kayne Anderson Capital Advisors and other shareholders that have backed DIRTT in the past. Collectively, the investors continue to hold a minority position in the company. With headquarters in Calgary, DIRTT uses its proprietary 3D software to design and manufacture highly customized prefab interiors.

17 June 2014•2 mins read
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