Whitehorn Merchant Capital Inc. (“Whitehorn”) successfully assisted Willows Construction (2001) Ltd. (“Willows”) in completing the refinancing of its senior debt facility.
Willows is a Drayton Valley, AB based heavy construction company specializing in earthwork and environmental services throughout BC, AB and SK. Willows engaged Whitehorn to seek new banking facilities to replace its existing lender and to fund additional working capital.
Whitehorn provided Willows with the following value-added services:
In-depth review of Willows’ monthly financials and prepared a monthly financial projection to identify its working capital needs;
Conducted sensitivity analysis on financial projections to provide management with more reliable information for decision making;
Developed marketing documents to highlight the opportunity to potential lenders;
Contacted over 25 potential lenders across North America to market the opportunity;
Negotiated key terms on behalf of Willows;
Coordinated due diligence, information sharing and key stakeholder communication; and
Assisted with legal review and ensured smooth closing of the transaction.
With Whitehorn’s assistance, Willows was able to close the transaction within four months of engagement.
Contact Whitehorn today for help with your management buyout transaction.
