Financial Services

Fresche Solutions Inc. in its US$60 Million Financing

Fresche Solutions Inc.
Expertise
Financial Services
Key Contact
Etienne Massicotte

Partner, Financial Services, Montréal

Team
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
Etienne Massicotte

Partner, Financial Services, Montréal

Team
Mikulas Arendas

Partner, Financial Services, Montréal