Tamarack North Holdings Ltd.
Get financing to succeed with a management buy-in
I’ve hired so many great people here over the years. Our employee share ownership program reflects our appreciation for their believing in our company. BDC’s financing helped us make the buy-in happen!
Impressive portfolio of prestigious main homes, cottages, boathouses and commercial buildings.
About the company
High-end home construction contractor.
Location: Muskoka, Ontario Industry: ConstructionEntrepreneur 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 Solution
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 accelerate your business’ growth.