Venture-backed DIRTT Environmental Solutions completes $45 mln IPO

DIRTT Environmental Solutions Ltd has completed its initial public offering at a price of $3.00 per share, raising total gross proceeds of $45 million. The shares of the Calgary-based technology-driven manufacturer of highly-customized interiors will begin trading on the Toronto Stock Exchange under the symbol "DRT". Founded in 2001, DIRTT is backed by Canadian and U.S. venture capital firms, including Apex Venture Partners, EDC Equity Fund, Expansion Capital Partners, Kayne Anderson Capital Advisors, NGEN Partners and North Sky Capital.

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