Chicago Atlantic acted as sole arranger and administrative agent in the funding of a senior secured term loan for TrueRC Canada.
“TrueRC’s reputation has been built on delivering high-quality products for both hobbyists and commercial applications alike. From drone racing enthusiasts to professional UAV operators, their antennas have become the trusted standard for performance, durability and reliability,” David Enright, partner and head of direct lending at Chicago Atlantic, said. “The company’s commitment to innovation and quality has earned them a loyal global following, and we’re proud to partner with TrueRC as they enter their next phase of growth.”
“We are thrilled to have completed this investment in TrueRC and to support the next phase of the company’s growth,” Hugo Chamberland, founder of TrueRC, said. “The partnership with Chicago Atlantic provides the financial strength and flexibility needed to scale production, expand into new products and deliver innovative solutions to our customers worldwide.”
