WhiteHorse creates credit facility for Canadian tech company

The direct lending affiliate of H.I.G. Capital, WhiteHorse Capital, announced that it has provided a new senior secured credit facility of an undisclosed amount to geoLOGIC Systems, a tech company providing software, data and information services to the energy industry in Canada.

The Calgary-based company is currently owned by BV Investment Partners.

“The WhiteHorse Capital team was a great financial partner throughout the transaction,” said Justin Garrison, principal at BV. “They moved quickly and were creative in their approach. This recapitalization provided significant liquidity to shareholders and positions geoLOGIC well in its . . .

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