On March 17, 2025, TerraVest Industries Inc. announced the acquisition of EnTrans International, a North American manufacturer of tank trailers. To facilitate this major acquisition, TerraVest has amended its credit facility with a syndicate of lenders led by Desjardins Group. The new financing structure consists of a CAN$800 million revolving credit facility, a CAN$200 million term loan and two other CAN$100 million term loans.
Lavery played a key tole in advising TerraVest on the financing aspects of this transaction. The team at Lavery, headed by Brigitte Gauthier, including Bernard Trang, Francis Sabourin, Annie Groleau, Ana Cristina Nascimento, Jessy Ménard, Arielle Supino and Yanick Vlasak, worked closely with TerraVest to structure the amended credit facility. Lavery’s involvement allowed TerraVest to secure the funds needed to acquire EnTrans International, thereby reinforcing its position on the North American market.
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