Financial support and resources available for businesses impacted by COVID-19.

Support for businesses impacted by COVID-19.

RAB Design Lighting

Making a smooth generational business transition

Along with providing financing, BDC had extensive experience with family-owned business transitions. I was impressed with the advice that they gave us in what can be a very emotional time.

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

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.

  • 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

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