Le Lézard
Classified in: Business
Subject: FINANCING AGREEMENTS

Integrated Asset Management Corp. Announces Management Buyout Financing of Macrodyne Technologies Inc.


TORONTO, May 15, 2018 (GLOBE NEWSWIRE) -- Integrated Asset Management Corp. ("IAM") (TSX:IAM) is pleased to announce the recent closing of a senior loan to Macrodyne Technologies Inc. ("Macrodyne"). The capital raised will be used to finance a management buyout transaction.

Macrodyne is an Ontario-based manufacturer of heavy duty, custom hydraulic presses, press lines, and die handling equipment. These presses are utilized in a variety of industries including, automotive, aerospace, industrial, consumer goods, defence, and construction.

IAM offers fixed rate, term loans to mid-market companies for such purposes as refinancing existing debt, acquisitions, plant expansion or modernization, project financing and management buyouts.

IAM is one of Canada's leading alternative asset management companies with approximately $2.3 billion in assets and committed capital under management in real estate, infrastructure debt and private debt.

For further information, please contact:

Brian Ko
Managing Director
IAM Private Debt Group
T: 416-367-3492
E: [email protected]
Philip S. Robson
President
IAM Private Debt Group
416-367-3972
[email protected]


www.iamgroup.ca


These press releases may also interest you

at 10:53
Awardco, the leading provider of employee recognition and rewards solutions, is pleased to announce the appointment of Ryan Jackson as President. With over 15 years experience in leadership roles at industry-leading companies Qualtrics and MX, Ryan...

at 10:52
Chicken Salad Chick, the nation's only fast casual chicken salad restaurant concept, announced today the opening of its 10th Mississippi location. Situated in the Renaissance at Colony Park at 1000 Highland Colony Parkway, Chicken Salad Chick of...

at 10:45
Connected Nation (CN) announced today that it is working with three nonprofits across the country to distribute 5,000 eero (an Amazon Company) mesh wifi devices to households, families, and individuals who are in need of faster and more reliable...

at 10:45
Kemp Klein Law Firm is pleased to announce the addition of Attorney Matthew W. Frank to the team. Matthew joins as a Senior Attorney...

at 10:39
The Honourable Gary Anandasangaree, Minister of Crown-Indigenous Relations, will make an announcement and hold a media availability in Dartmouth, Nova Scotia, to highlight the federal budget's investments in creating good jobs all along the electric...

at 10:36
SDR Ventures is pleased to announce that Cablenet Aerospace, Inc. ("Cablenet" or "the Company") has been acquired by Interconnect Solutions Company (ISC), a portfolio company of Tide Rock. SDR served as the exclusive sell-side advisor to Cablenet and...



News published on and distributed by: