Emerging and High Growth Companies

SRTX in its US$25-million convertible debt financing

SRTX
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Gary Marshall

Partner, Emerging and High Growth Companies, Toronto

Nataly Dil

Associate, Emerging and High Growth Companies, Toronto

Sara Franklin-White

Associate, Emerging and High Growth Companies, Toronto

On December 3, 2024, SRTX announced that it secured US$25 million in convertible debt financing from Investissement Québec, the Québec government’s investment arm. The company plans on utilizing the funding to scale its wholesale manufacturing operations.

SRTX is a Montréal-based company that specializing in producing and selling ultra-high-molecular-weight polyethylene textiles.

Investissement Québec’s mission is to play an active role in Québec’s economic development by stimulating business innovation, entrepreneurship and business acquisitions, as well as growth in investment and exports.

Osler, Hoskin & Harcourt LLP advised SRTX with a team consisting of Chad Bayne, Gary Marshall, Nataly Dil and Sara Franklin-White (Emerging and High Growth Companies).

Value
US$25 million
Date Announced
Dec 3, 2024
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Gary Marshall

Partner, Emerging and High Growth Companies, Toronto

Nataly Dil

Associate, Emerging and High Growth Companies, Toronto

Sara Franklin-White

Associate, Emerging and High Growth Companies, Toronto