Integrated Asset Management Corp. (“IAM”) (TSX:IAM) is pleased to announce the recent closing of a senior loan to Macrodyne Technologies Inc. (“Macrodyne”). 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.
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