CIBC Innovation Banking Provides $50MM Debt Facility to Terminus Software
CIBC Innovation Banking closed on a debt facility of $50 million for Atlanta- and Indianapolis-based Terminus Software, an account-based marketing platform.
CIBC Innovation Banking closed on a debt facility of $50 million for Atlanta- and Indianapolis-based Terminus Software, an account-based marketing platform.
CIBC Innovation Banking, Ten Coves Capital and Mosaik Partners provided new credit facilities and equity financing to San Diego-based Point Predictive, a data and analytics company that helps lenders automate loan decisions, mitigate loan losses and reduce underwriting friction.
CIBC Innovation Banking completed a new growth capital financing for California-based Mindful Health Solutions, a provider of mental health services geared toward treatment-resistant depression.
CIBC Innovation Banking provided a $30 million credit facility to Atlanta-based Azalea Health, which will use the capital to aid in its recent acquisition of dashboardMD, a cloud-based provider of business intelligence reporting solutions and healthcare analytics.
CIBC Innovation Banking provided a $15 million acquisition credit facility to Pennsylvania-based Blue Cloud Pediatric Surgery Centers, a provider of pediatric dental services in ambulatory surgical centers.
Jonathan Schupack joined CIBC Innovation Banking’s North American team as executive director and market lead for the Texas region. He will be based in CIBC Innovation Banking’s office in Austin, TX.
CIBC Innovation Banking provided a $5 million credit facility to Nevada-based Karbon, which provides practice management software for accounting firms. The company plans to use the facility to support its hiring plans and to further invest in its product set.
VSS Capital Partners completed a growth investment in Centroid Systems, a provider of managed cloud services and enterprise workload consulting services. CIBC Innovation Banking provided senior debt financing to facilitate the transaction.
CIBC Innovation Banking provided financing solutions, including a capital call line of credit, to Vertu Partners Fund I, a private equity fund managed by Vertu Capital.
CIBC Innovation Banking provided a capital call line of credit to Vanedge Capital III, an early-stage venture capital fund. The financing solution provides Vanedge the ability to make investments in portfolio companies prior to calling capital from the fund’s limited partners.