DS Actimo Canada Inc.
DS Actimo Canada has raised debt financing of $30,650,000 for general corporate purposes
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DS Actimo Canada has raised debt financing of $30,650,000 for general corporate purposes. MNP Corporate Finance Inc. acted as exclusive financial advisors in arranging this private placement.
Transaction Brief
DS Actimo is a supplier to major global automotive original equipment manufacturers with operations in Europe and Southeast Asia.
The client engaged MNP Corporate Finance to support its expansion into North America as a key contributor to the region's electric vehicle supply chain. MNP Corporate Finance conducted a broad marketing campaign targeting U.S. and Canadian banks, private credit funds, and specialty lenders.
The final credit structure was a split-lien asset based credit composed of term debt provided by Fiera Capital, and a revolving credit facility provided by RBC, secured by primarily fixed asset collateral.
MNP Corporate Finance also secured a bridge credit facility through Briva Finance to support working capital needs while the primary credit solution was being assembled.