Description of Transaction
Sequeira Partners was engaged by TR to assist with finding the right capital partner and structure for the Company’s credit needs to support its liquidity need for the buy-out of an inactive shareholder.
The Sequeira team provided advisory assistance throughout the financing process including marketing the business to a range of prospective lenders, negotiating preliminary and final financing terms, advising on the structure, and assisting with due diligence and other pre and post closing matters.
The financing arrangement secured with Toronto-Dominion Bank (‘TD”) allowed TR to successfully exit the non-active shareholder while also providing the Company flexibility for growth.
TR Transport
TR Transport, based in Bentley, Alberta, provides oilfield transportation services with a focus on frac sand logistics and on-site storage for Western Canadian energy operations. Its offerings include last-mile delivery, proprietary sand storage systems, and hauling of chemicals and gases.
TD Bank
TD Bank Commercial Banking is a leading North American financial institution. Through its commercial banking platform, TD provides tailored financing solutions to middle-market and large enterprises. TD’s relationship-driven approach and disciplined credit underwriting support growth, acquisitions, and long-term capital needs across a broad range of industries throughout Canada.
