Parties
Company
Red Iron Group
Company
EverLine Coatings and Services
On October 30, 2024, EverLine Coatings and Services, a Calgary-based franchisor specializing in parking lot and pavement maintenance, announced a strategic investment from Red Iron Group.
D.A. Davidson & Co. acted as exclusive financial advisor to EverLine, with Cassels Brock & Blackwell LLP and Faegre Drinker Biddle & Reath LLP serving as its legal advisors. Red Iron was advised by DLA Piper LLP.
EverLine, led by Founder & CEO John Evans, operates 350+ franchise territories across Canada and the U.S., offering line striping, sealcoating, crack sealing, and industrial floor coatings under its EverFloor brand. This investment aims to support EverLine’s continued growth and expansion in North America.
Deal Type
Financing/InvestmentIndustry
OtherTransaction
Undisclosed/ConfidentialDeal Status
ActiveClosing Date