Ares Commercial Finance (“ACF”) and WhiteHawk Capital Partners, LP ("WhiteHawk") provided a CAD$130 (US$103 million) senior facility to a company based in Western Canada specializing in crane and heavy haul services.
The senior facility was comprised of C$90 million (US$71.3 million) revolver provided by ACF and a C$40 million (US$31.7 million) term loan provided by WhiteHawk. The financing provides incremental financial flexibility to support the company’s future growth.