01:33:06 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Integrated Asset Management Corp
Symbol IAM
Shares Issued 27,713,127
Close 2018-05-11 C$ 1.55
Market Cap C$ 42,955,347
Recent Sedar Documents

Integrated Asset closes senior loan to Macrodyne

2018-05-15 10:42 ET - News Release

Mr. Brian Ko reports

INTEGRATED ASSET MANAGEMENT CORP. ANNOUNCES MANAGEMENT BUYOUT FINANCING OF MACRODYNE TECHNOLOGIES INC.

Integrated Asset Management Corp. has closed a senior loan to Macrodyne Technologies Inc. The capital raised will be used to finance a management buyout transaction.

Macrodyne is an Ontario-based manufacturer of heavy-duty, custom hydraulic presses, press lines and die handling equipment. These presses are utilized in a variety of industries including, automotive, aerospace, industrial, consumer goods, defence and construction.

The company offers fixed rate, term loans to mid-market companies for such purposes as refinancing existing debt, acquisitions, plant expansion and modernization, project financing, and management buyouts.

About Integrated Asset Management Corp.

Integrated Asset Management is one of Canada's leading alternative asset management companies with approximately $2.3-billion in assets and committed capital under management in real estate, infrastructure debt and private debt.

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