Financial Services

Alida in its US$60 million syndicated credit facility

Alida Inc.
Key Contact
Martha Martindale

Partner, Financial Services, Vancouver

 

On November 9, 2022, Alida announced it had secured a US$60 million syndicated credit facility led by the National Bank of Canada with participation from BMO, Comerica, and Silicon Valley Bank. This funding will support capital requirements and strategic initiatives in line with its growth strategy to grow within North America.

Alida is a Vancouver-based Software-as-a-Service (Saas) start-up that has created the world’s first combined customer experience management and insights platform.

Osler, Hoskin & Harcourt LLP advised Alida with a team consisting of Martha Martindale and Kayla Sommerville (Financial Services).

Value
US$60 million
Date Closed
November 9, 2022
Lead Office
Vancouver
Key Contact
Martha Martindale

Partner, Financial Services, Vancouver