RAB Design Lighting

Making a smooth generational business transition
David Beron - President of RAB Design Lighting

Has served the electrical distribution market for over 50 years

About the company

Designs and manufactures high-quality, energy efficient and cost-effective commercial, industrial and residential LED lighting, and related solutions and products.

Location: Toronto, Ontario

Industry: Design and manufacturing

Entrepreneur challenge

In order to succeed with an MBO and purchase the company from his parents, the owner needed financing to move forward with the succession, and provide additional cash to grow the firm and bring it to the next level.

BDC expertise

BDC’s Growth & Transition Capital team provided mezzanine financing, which supplemented senior debt, helped maintain capital in the firm and generated additional cash for growth. Throughout the transition period, BDC also gave sound guidance on complex succession issues and facilitated access to resources such as legal support and accounting.


  • Conducted a smooth and successful MBO
  • Maintained vital cash flow in the business
  • Built additional capital for long-term growth
  • Led to enrolling the owner in BDC’s Growth Driver Program, which is designed for leaders with ambitious growth plans

Tell us about your project

Get financing to sustain your business’ growth.

Contact us
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