Antares Supports Novacap’s Acquisition of Logibec
Summary
CHICAGO--(BUSINESS WIRE)--Antares announced today that it served as lead arranger and is acting as administrative agent on senior secured credit facilities to support the acquisition of Logibec by Novacap. “The Antares team has a strong knowledge of the healthcare IT space and of Logibec, in particular, making them an ideal lead for this transaction,” said Eric Desrosiers, senior partner with Novacap. Antares’ world-class capital markets experts hold relationships with more than 400 banks and institutional investors allowing the firm to structure, distribute and trade syndicated loans on behalf of its customers. Its distinct investment approach, based on deep operational expertise and an active partnership with entrepreneurs, has helped accelerate growth and create long-term value for its numerous portfolio companies. Headquartered in Montreal, Canada for nearly 40 years, Logibec deploys information systems that span the clinical, operational, and business needs of complex healthcare organizations.