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MidCap Financial Closes Senior Revolving Credit Facility to Shimmick

April 25, 2023, 07:49 AM
Filed Under: Construction
Related: MidCap Financial

MidCap Financial provided a senior revolving credit facility to SCCI National Holdings, Inc. (“Shimmick”). Proceeds from the MidCap credit facility will provide for the business’ ongoing working capital needs.

Shimmick is a market leader in heavy civil infrastructure, focusing on water, transportation, and transit projects. Shimmick leverages its deep construction history and experience across many markets to provide diversified construction experience, passion, and expertise to clients and partners. Over the past two decades, Shimmick has delivered projects in more than 20 states from coast to coast, with more than 2,700 employees. Shimmick continues to be a top ranking contractor in the industry.

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