Daltco

Industry

Distributor—Industrial Automation and Electrical Products

Company Profile

Daltco is Eastern Ontario’s largest independent electrical, lighting, and automation distributor. It serves the industrial, commercial, and residential marketplaces.

NewPoint’s Role

NewPoint was retained in a corporate finance role raise to financing to support its strategic plan.

Transaction Snapshot

NewPoint worked with the Company to determine the appropriate capital structure to fund the growth plans of the business. Due to the large working capital requirements of the business, availability of financing against working capital assets was paramount. As such, NewPoint targeted lenders with a focus in this area.

Family-owned Business Raises Capital to Fund Strategic Plan.

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