Gordon Brothers agented a C$200 million financing package for Morgan Construction, consisting of a five-year, C$150 million revolving credit facility and a C$50 million accordion. The funding will support Morgan’s working capital needs, new equipment purchases and fleet optimization. The official announcement can be viewed here.
Kyle Shonak, Chief Transaction Officer at Gordon Brothers, can speak to the deal and its five-year partnership with Morgan, alongside its affiliate, Nations Capital, to provide asset advisory and consulting services to expand operations and maximize value and why demand for this strategic asset-based financing is growing in the Canadian construction market.