DIRTT Environmental Solutions Receives Financings

DIRTT Environmental Solutions Ltd., a North American manufacturer of agile interior construction solutions, has received a $20.0m investment from Kayne Anderson Mezzanine Partners.

The company, which also closed a new credit facility with Comerica Bank (NYSE: CMA), intends to use the proceeds to pursue new agile construction opportunities in North America and internationally, and grow in vertical markets including healthcare.

Launched in 2005 and led by President Scott Jenkins, DIRTT creates interiors with modular architectural solutions for industries including corporate, government, education and healthcare. Its solutions include walls, power, networks, millwork, raised flooring and ICE® software.
The company, which has manufacturing facilities in Phoenix, Savannah, Kelowna and Calgary, has completed projects in the US, Canada, Saudi Arabia, Lebanon, the UK, Singapore, Hong Kong, and Australia and its expanding partner base now includes South Korea and China.

FinSMEs

17/12/2012

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