Amount Raised
$88 Million
Round Type
Debt Financing
MontrealManufacturingInvestors
Description
Dorel Industries Inc. (TSX: DII.B, DII.A) today announced that it has entered into a new US$88 million senior secured term-loan credit agreement with a group of lenders led by First Eagle Investments, as lead arranger and sole bookrunner, and administrative agent. The new term loan, which is guaranteed by certain of Dorel’s subsidiaries, will mature on the earlier of December 8, 2026 and the date on which Dorel’s revolving credit facility matures, currently scheduled for June 4, 2026 unless extended in accordance with the terms of the related credit agreement.
Who else raised in Manufacturing around the same time
Companies in the same sectors as Dorel that raised within 45 days of this round, from Fundz verified event records.
- Hadrian raised $86M on December 11, 2023.
- Farm-ng raised $10M (Series A) on January 22, 2024.
- Agtonomy raised $23M (Series A) on January 22, 2024.
- Vertical Aerospace raised $50M on January 22, 2024.
- Lightmatter raised an undisclosed amount on January 22, 2024.
- 3Daughters raised $2M (Seed) on January 22, 2024.
Who to call at Dorel, and when
A new round usually means Dorel is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Dorel raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Dorel, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Dorel. With Fundz connected, it knows.
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Fundz sees it the moment Dorel raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Dorel raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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