Industry
Distributor
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.