Distinct Infrastructure raises $20 mln in funding from Crown Capital
Crown Capital Partners, Canadian specialty finance firm, has provided $20 million in subordinated debt funding to Distinct Infrastructure Group Inc (TSX-V: DUG). Based in Toronto, Distinct is a utility and telecom infrastructure contractor with capabilities in design, engineering, construction, service and maintenance, and materials management. The company said the deal supports its plans to expand capacity in Ontario and Western Canada to meet demand and continue growing. In September, Crown Capital raised an initial $100 million for its fourth fund, Crown Capital Fund IV LP. It subsequently invested in Petrowest Corp.
25 November 2015•4 mins read
