Fulcrum Capital Partners announced it has provided mezzanine financing to Helical Pier Systems., an Edmonton, Alberta-based provider of foundation products and services. The debt financing, which will support Helical’s continued growth, was done in partnership with HSBC Bank Canada.
Based out of Edmonton, Alberta, Helical Pier Systems provides foundation products and services across North America. In particular, Helical specializes in helical piling products, or ‘screw piles’, which provide primary foundation support in the construction of structures utilized across a variety of industries, with a focus on oil & gas and transmission. Helical delivers a turnkey foundation solution to its customers by offering both manufacturing and installation services while providing full technical and engineering support.
To support continued strong growth, Helical required a comprehensive debt financing solution. This solution was provided by Fulcrum Capital Partners and HSBC Bank Canada cooperating to provide Helical with a tailored financing package, which included senior and subordinated credit facilities.
Fulcrum Capital Partners manages over C$750 million of capital with a mandate to provide private equity as well as mezzanine and bridge debt to mid-sized businesses. These investments typically support management buyouts, acquisitions, going private transactions, leveraged buyouts, corporate growth, financial restructurings, and project and property financings.