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BuildDirect.com Technologies Inc ( (TSE:BILD) ) has issued an announcement.
BuildDirect.com Technologies Inc. has successfully closed a non-brokered private placement, raising $7 million to support its growth strategy and general working capital. The investment, led by Sun Mountain Partners and IFCM Microcap Fund LP, marks a significant step in the company’s expansion efforts, with participation from major shareholders and company insiders, reinforcing their commitment to long-term value creation.
More about BuildDirect.com Technologies Inc
BuildDirect.com Technologies Inc. is an expanding omnichannel building materials retailer, focusing on Pro Centers which are strategic distribution hubs catering to professional contractors and trades. The company is growing its presence through a mix of organic growth and strategic acquisitions, enhancing efficiency and market reach.
Average Trading Volume: 9,455
Technical Sentiment Signal: Buy
Current Market Cap: C$82.05M
See more data about BILD stock on TipRanks’ Stock Analysis page.