Novanta reported financial results for Q2/17, which included an increase in the company’s revolving credit facility from $225 million to $325 million. According to a related 8-K filing, Bank of America was administrative agent for the transaction.

“Our company delivered a record quarter with strong double-digit revenue growth and double-digit adjusted diluted EPS growth. Our teams delivered this stellar financial performance while closing the WOM acquisition and after integrating two acquisitions completed in the first quarter,” said Matthijs Glastra, CEO of Novanta.

In addition to increasing the revolving credit facility, the amendment increased the term loan balance by $25 million, from $65.6 million to $90.6 million.

Merrill Lynch, Wells Fargo Securities and JPMorgan Chase served as joint lead arrangers. JP Morgan Chase Bank and Wells Fargo were co-syndication agents. Wells Fargo Bank, TD Bank, Bank of Montreal and Silicon Valley Bank were co-syndication agents and lenders. HSBC Bank was a lender.

Bedford, MA-based Novanta is a technology partner to medial and advanced technology equipment manufacturers.