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Antares Supports Novacap’s Acquisition of Logibec

December 18, 2020, 07:51 AM
Filed Under: Technology

Antares served as lead arranger and is acting as administrative agent on senior secured credit facilities to support the acquisition of Logibec by Novacap.

Headquartered in Montreal, Canada, Logibec is a Montreal-based healthcare software company.

“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. “Additionally, we know that when we work with Antares, they reliably deliver with speed and flexibility.”

“As a leading provider of healthcare IT solutions in Quebec with an entrenched and long-standing customer base, we’re pleased to support Novacap’s investment in Logibec,” said Paul Vannelli, senior vice president with Antares. “Led by a strong management team and with consistent historical growth, we look forward to what they’ll achieve with Novacap’s backing.”

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