Tag: facility
Clearco secures new equity financing from existing investors and asset-backed facility as struggling FinTech executes complex recapitalization plan
Inovia, Founders Circle double down on Clearco with debt buyback from SVB, $60-million USD Series D. Toronto-based FinTech startup Clearco has completed a series…
Cybersecurity startup Field Effect on the hunt for acquisitions following $30-million CAD debt facility from Scotiabank
The average cost of data breaches in Canada rose to $5.64 million in 2022. Led by former cyberspies, Field Effect has secured a…
BBTV secures $21.6 million CAD loan to pay off overdraft facility
“We have also allocated additional cushion to help withstand future macroeconomic uncertainty.” Vancouver-based BBTV Holdings, the holding company behind media and technology company BroadbandTV,…
NowVertical secures $7 million CAD credit facility, completes Acrotrend, Smartlytics acquisitions
NowVertical acquires more capital to fuel acquisition strategy. Toronto-based data software and services company NowVertical has secured a $7 million CAD credit facility from…
Customer experience platform Alida secures $60 million USD credit facility
With a new Edmonton office, Alida sets sights on the rest of North America and beyond. Vancouver-founded SaaS startup Alida has secured a $60…
FreshBooks secures $100 million USD debt facility from BMO, J.P. Morgan
With fresh funds, FreshBooks wants to continue global expansion, strategic acquisitions. Toronto-based accounting SaaS startup FreshBooks has secured a $100 million USD syndicated debt…
Think Research to continue acquisition spree with new $25 million credit facility
Think Research has been actively purchasing companies since its TSXV debut. Think Research has entered into a credit agreement with Beedie Investments, allowing the…