BizCap has arranged a $175 million financing package for an integrated services provider to the electric utility and oil and gas industries operating across North America and U.S. territories. The capital will support the company’s growth plans in areas including drilling, utility infrastructure, and logistics.
The customized financing structure is designed to give the company flexibility to pursue its strategic initiatives and expand into related sectors.
“We’re excited to be a part of this company’s growth story,” Chuck Doyle, President of BizCap, said. “Their comprehensive approach to serving both the oil and gas and utility sectors gives them a competitive edge. This financing will provide the flexibility they need to scale their operations and capture new opportunities.”
BizCap has recently completed financing transactions for several other clients, including Conexwest, Flavor Insights and Safety Network.
