Tamarack North Holdings Ltd.

Get financing to succeed with a management buy-in
Christopher Madden

Impressive portfolio of prestigious main homes, cottages, boathouses and commercial buildings

About the company

High-end home construction contractor.

Location: Muskoka, Ontario

Industry: Construction

Entrepreneur challenge

The founder was looking to sell significant shares to his employees. He needed financing to succeed with a management buy-in that would help keep the business local, ensure continuity, foster employment engagement and retention, as well as drive growth.

BDC expertise

BDC’s experts provided financing for the management buy-in, including refinancing property and a warehouse to assist in the share buy-in. The company has been a BDC client since 2006.

Proven results

  • Founder went from being a 100% owner to a 25% owner
  • Company now has 30 shareholders, all of whom are employees
  • Doubled revenues over the last five years
  • Projected substantial growth over the next year
  • Ensured continuity, employment engagement and retention

Tell us about your project

Get financing to sustain your business’ growth.

Contact us