Hootsuite

Hootsuite in its US$50 million credit financing from CIBC Innovation Banking

Client

Hootsuite

Value

US$50 million

Service

Financial Services

Date Closed

Lead Office

Vancouver


 

On March 15, 2018, Hootsuite announced that it has entered into a credit financing agreement for up to US$50 million in growth capital from CIBC Innovation Banking.

The additional capital will help Hootsuite further verticalize its platform offering for key industries like financial services, government and healthcare, and strengthen its industry-leading ecosystem through existing and new strategic partnerships and integrations.

Hootsuite is a Vancouver-based company and is one of the world's most widely used platforms for social media management.

Osler, Hoskin & Harcourt LLP represented Hootsuite with a team consisting of Martha Martindale and Andrew Herr (Financial Services), Jennifer Lee (Taxation) and Jacob Young and Nathan Whitaker (Corporate).


Team
Martha Martindale
Key Contact

Martha Martindale

Partner, Financial Services

Andrew G.  Herr

Andrew G. Herr

Partner, Financial Services

Jennifer Lee

Jennifer Lee

Partner, Taxation

Jacob Young

Jacob Young

Associate, Corporate