Wellington Financial Provides US$8.5 Million Growth Capital to Boston-based network infrastructure company

BOSTON & TORONTO, Dec. 11, 2012 /CNW/ - Wellington Financial LP, a privately-held specialty finance firm, announced today that it recently closed a US$8.5 million venture debt financing for a rapidly growing U.S.-based networking infrastructure company that supports organizations around the world. The company's existing investor base includes a prominent East Coast venture capital firm.

Choate, Hall & Stewart LLP provided legal advice on this transaction. 

About Wellington Financial LP

Wellington Financial LP is a privately-held specialty finance firm providing term, venture and amortizing loans up to $30 million. Wellington Financial LP is currently managing a $500 million investment program with offices in Toronto, Canada, and Santa Monica, California. Wellington Financial LP is managed by a partnership controlled by fund management and Clairvest Group Inc. (CVG:TSX), who jointly have contributed a large financial stake to the Fund. LPs include several of Canada's largest institutional investors, pension funds, family offices and crown corporations. Please visit the fund website at www.wellingtonfund.com, or the Wellington Financial team blog at www.wellingtonfund.com/blog.

SOURCE: Wellington Financial LP

For further information:

Lyndsey Fisk-Calhoun
Wellington Financial LP
Tel: (416) 682-6007
lfisk-calhoun@wellingtonfund.com

Profil de l'entreprise

Wellington Financial LP

Renseignements sur cet organisme


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.