Case Study
Manufacturing Sector M&A:
How Whitehorn Secured Acquisition Financing
Whitehorn Merchant Capital Inc. (“Whitehorn”) acted as financial advisor to Calgary based Strive Global Holdings (“Strive”) in securing acquisition financing. The Whitehorn team guided Strive through the financing process and delivered a tailored solution aligned with its transaction objectives.
Company Background:
Strive is an investment fund seeking investment and acquisition opportunities in private businesses, with a focus on construction and manufacturing sectors.
The Challenge:
Strive identified a high potential acquisition opportunity within the competitive modular construction sector. In a tightening credit market, they needed a partner who could navigate lender due diligence while ensuring a capital structure that allowed for long-term operational flexibility.
The Whitehorn Strategy:
Whitehorn stepped up as the architect of the financing mandate. We built a competitive marketplace for the deal by approaching a curated network of lenders and solicited five competitive term sheets.
We acted as the lead negotiator on behalf of Strive to create a tailored, comprehensive lending solution, while shielding the Strive team from the distractions arising from the due diligence process.
The Achievement:
Successful, on-time closing that met Strive’s initial objectives. Strive secured the capital necessary to finalize its acquisition with competitive amortization terms and interest rates. By leveraging Whitehorn’s network and expertise, Strive transitioned from an “applicant” to a “preferred borrower”, ensuring its acquisition was built on a solid financial foundation with built-in flexibility.
