Financial Services

Fresche Solutions Inc. in its US$60 Million Financing Fresche Solutions Inc. in its US$60 Million Financing

Fresche Solutions Inc.
Key Contact
Mikulas Arendas

Partner, Financial Services, Montréal

On May 24, 2018, Fresche Solutions Inc. (Fresche) announced that it has secured US$60 million of debt financing. The National Bank of Canada (NBC) acted as Lead Arranger, sole book runner and Administrative Agent and successfully arranged the financing with a syndicate of financial institutions comprised of NBC, Investissement Québec and TD Bank.

Fresche will use the proceeds to fund their operations, organic growth and aggressive acquisition strategy.

Fresche is a Montreal-based company that provides innovative products, services and solutions to organizations seeking to modernize and extend the life of applications and databases that run on IBM Power Systems.

Osler, Hoskin & Harcourt LLP represented Fresche with a team consisting of Etienne Massicotte (Financial Services) and Mikulas Arendas (Corporate).

Value
US$60 million
Date Closed
May 24, 2018
Lead Office
Montreal
Key Contact
Mikulas Arendas

Partner, Financial Services, Montréal