BuildDirect.com Technologies Inc. filed for creditor protection just four years ago. This week, it put its shares up for sale on the TSX Venture Exchange. The Vancouver-based online merchant has offered building materials to pro customers since it was founded in 1999. VLCTY Capital Inc., a publicly traded company created for the purpose, is taking BuildDirect.com public in a reverse takeover.
“We’ve built a lot of credibility with suppliers,” said BuildDirect.com CEO Dan Park. “It has given us time to build up our technology platforms. We were the first in this industry as a pure-play e-commerce platform provider, so I think that matters in this industry.”
