Adam Mallon, Managing Director, Edmonton
Ashwin Nath, Vice President, Edmonton
Published: March 15, 2021
Updated: March 15, 2021
BDO’s M&A and Capital Markets team is pleased to announce the successful financing of all debt facilities for Tundra Petroleum Services Inc. (“Tundra”) with TD Commercial Banking. The transaction was completed in October of 2020.
Founded in 2008, Tundra has been providing well stimulation and optimization services to the hydrocarbon production sector in Canada. Since its inception, it has provided over 3,500 capillary optimization solutions to over 130 clients in North America. This has allowed customers to reduce their chemical consumptions and maximize stable production. Tundra also maintains operations in Mexico under the name Golfo Tundra Optimización.
BDO’s M&A and Capital Markets team acted as exclusive financial advisor to Tundra, assisting the company’s management and shareholders through the entire financing process.
"The BDO team gave me everything I needed to complete the transaction, and worked in an efficient timeline. Most of all, they made it easy to survive through uncertain times, something I really appreciated."