IAM loan funds Macrodyne Technologies’ MBO deal

Integrated Asset Management Corp (IAM) has provided a senior loan to Macrodyne Technologies Inc, a Concord, Ontario-based manufacturer of heavy duty, custom hydraulic presses, press lines and die handling equipment. No financial terms were disclosed. IAM said the capital infusion will be used to finance a management buyout transaction. Based in Toronto, IAM is an alternative asset management firm that invests in real estate and private debt.

18 May 2018•1 min read
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