Dynamic Capital Supports LaPrairie Works in Acquisition of Carwald Redi-Mix Operations

Dynamic Capital Equipment Finance has facilitated funding for LaPrairie Works Inc.'s acquisition of Carwald Redi-Mix’s concrete and aggregate operations located in Slave Lake and Wabasca, Alberta. This marks a significant move for LaPrairie Works, a leader in highway and bridge maintenance and civil construction services across Alberta, enhancing its product line through the integration of high-quality ready-mix concrete, asphalt concrete pavement, and aggregate products from Carwald.

Kelly McManus, President of LaPrairie Works, emphasized the enhanced capability to internally source these essential materials for their operations while continuing to serve Carwald's existing customer base with high-quality products and services. Dynamic Capital, a long-term finance partner of LaPrairie Works, expressed enthusiasm for supporting this key transaction, underlining its commitment to aiding Canadian entrepreneurs and businesses in growth and development opportunities.

The financing deal, managed by Dynamic Capital’s Structured Deal team, underscores the firm's specialized approach to equipment finance and its capacity to deliver superior customer experiences. This acquisition not only strengthens LaPrairie Works’ service offerings but also asserts Dynamic Capital's role as a pivotal supporter of Canadian enterprises in the heavy industry sector, aimed at fostering growth and enabling business expansions.