CIBC Innovation Banking Provides $13MM in Growth Capital Financing to EZ Texting
CIBC Innovation Banking provided $13 million in growth capital financing for Santa Monica, CA-based EZ Texting, a cloud-based SaaS messaging platform.
CIBC Innovation Banking provided $13 million in growth capital financing for Santa Monica, CA-based EZ Texting, a cloud-based SaaS messaging platform.
Twin Brook Capital Partners provided debt financing to support DuvaSawko’s merger with abeo Management Corporation.
White Oak Commercial Finance provided a $5 million receivables financing facility to a telecommunications and electrical contracting company that provides integrated voice and data cabling infrastructure solutions.
Jacobs is acquiring a 65% stake in PA Consulting and also providing debt financing in the form of a £650 million ($845 million) term loan and a revolving credit facility of up to £100 million ($130 million) to fund future growth.
Kredivo, a digital credit platform for retail borrowers across Indonesia, secured a debt facility of up to $100 million from Victory Park Capital, a global alternative investment firm, to fund consumer loans for Kredivo’s borrowers in Indonesia.
Nuverra Environmental Solutions closed a multi-faceted debt refinancing with First International Bank and Trust. The debt refinancing includes $13 million in equipment financing, a $5 million undrawn working capital revolver and a $4.839 million letter of credit facility.
The Bank of Montreal provided a $27.5 million revolving debt facility to Merchant Opportunities Fund, a Vancouver-based diversified credit opportunities fund focused on prudently compounding capital over the long-term.
Silicon Valley Bank entered an agreement to provide a debt financing facility for up to $30 million for Verona Pharma, a clinical-stage biopharmaceutical company focused on respiratory diseases.
InterNex Capital delivered a $3.4 million VelocityFlex funding solution to a Texas-based technology staffing firm.
King Trade Capital completed a $4.5 million purchase order-based supply chain finance facility for a New York-based personal protective equipment distributor importing medical gowns to be delivered to the U.S. government.