Dynamic Capital Facilitates LaPrairie Works' Strategic Acquisition Of Carwald Redi-Mix

Dynamic Capital Equipment Finance, a prominent Canadian finance firm, recently played a pivotal role in facilitating a significant acquisition for LaPrairie Works Inc., a leader in highway and bridge maintenance as well as civil construction. This strategic move saw LaPrairie Works acquiring the concrete and aggregate operations of Carwald Redi-Mix in Slave Lake and Wabasca, Alberta. This acquisition marks a notable expansion for LaPrairie Works, enhancing its service offerings across Alberta.

LaPrairie Works, a family-owned Canadian company, is part of the LaPrairie Group of Companies. This group provides a wide array of services including crane and rigging, heavy hauling, highway and bridge maintenance, civil construction, fleet maintenance, and industrial mineral mining and distribution. The addition of Carwald’s operations introduces high-quality ready-mix concrete, asphalt concrete pavement (ACP), and aggregate products into LaPrairie Works’ portfolio, now available through a new division.

Kelly McManus, President of Transportation & Highway Operations at LaPrairie Works, expressed enthusiasm about the acquisition. "We are very pleased to have Carwald, one of Alberta’s premier concrete and aggregate suppliers, join the LaPrairie Works team," McManus stated. The integration of these products is expected to significantly enhance the company's operational efficiency and continue serving Carwald’s loyal customer base with exceptional quality products and customer service.

Dynamic Capital has expressed its excitement in supporting this transaction for its long-standing client, LaPrairie Works. Dustin White, CEO of Dynamic Capital, highlighted the company’s commitment to supporting Canadian entrepreneurs and its anticipation for future collaborations with the LaPrairie Works team. Dynamic Capital distinguishes itself with a Structured Deal team dedicated to managing large projects efficiently, ensuring clients receive unparalleled service.

Jim Feragen, Chief Financial Officer at LaPrairie Group of Companies, acknowledged Dynamic Capital’s unique responsiveness and support in facilitating equipment acquisitions. Since its inception, Dynamic Capital has evolved from a small brokerage to one of Canada’s largest independent equipment finance companies. It specializes in various sectors including Construction, Aggregates, Concrete, and more recently focusing on Merger and Acquisition financing.

Dynamic Capital remains committed to empowering Canadian entrepreneurs by providing innovative financial solutions tailored to meet both short-term needs and long-term aspirations. For those interested in exploring funding solutions or joining this growing company, further information can be found on their website.

Contact information for both Dynamic Capital Equipment Finance and LaPrairie Works Inc. is readily available for those seeking additional details or wishing to inquire about their services.