Barrett Xplore Inc.

GROWTH FINANCING

$59,000,000

Credit Facility and Equity

McKenna Gale provided a loan and equity investments to assist Barrett Xplore in continuing its rapid growth. This transaction was completed in partnership with the Barrett family and Sandler Capital Management.

Based in Brampton, Ontario, Xplore is a provider of high-speed Internet services to rural and remote regions of Canada. Its dual technology offering consisting of fixed wireless and satellite Internet services is targeted at Canadian households which are currently unserved by traditional providers such as cable Internet and DSL Internet.