SDR Ventures Provides $2,000,000 in Equity Investment to Contractors Equipment Center
Denver, CO – October 5, 2007 – SDR Ventures, Inc. (“SDR Ventures”) announced a $2,000,000 equity investment to support the growing working capital needs of Contractors Equipment Center, LLC (“CEC”).
CEC is an industrial rental company with a fleet of construction equipment for rent. Brands on location include Genie, John Deere, Terex, Wacker, Atlas Copco, and many other premier brands.
SDR Ventures served as the exclusive advisor to CEC and assisted in several aspects of the transaction, including business plan development, financial modeling, shareholder strategy, sourcing of equity investors, and assisting in closing of funds.
CEC is Colorado’s premier locally owned equipment rental, sales and service provider.CEC is a Broomfield, CO based contractor and industrial rental company. Further information on the Company can be found at www.cecrents.com.