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

About this update from Clairvest Group Inc.

[{"type":"text","content":"\n\n\n\n\n\nBOSTON & TORONTO, Dec. 11, 2012 /CNW/ - Wellington Financial LP, a\n privately-held specialty finance firm, announced today that it recently\n closed a US$8.5 million venture debt financing for a rapidly growing\n U.S.-based networking infrastructure company that supports\n organizations around the world. The company's existing investor base\n includes a prominent East Coast venture capital firm.\n\n\nChoate, Hall & Stewart LLP provided legal advice on this transaction.  \n\n\nAbout Wellington Financial LP \n\n\nWellington Financial LP is a privately-held specialty finance firm\n providing term, venture and amortizing loans up to $30 million.\n Wellington Financial LP is currently managing a $500 million investment\n program with offices in Toronto, Canada, and Santa Monica, California.\n Wellington Financial LP is managed by a partnership controlled by fund\n management and Clairvest Group Inc. (CVG:TSX), who jointly have\n contributed a large financial stake to the Fund. LPs include several of\n Canada's largest institutional investors, pension funds, family offices\n and crown corporations. Please visit the fund website at www.wellingtonfund.com, or the Wellington Financial team blog at www.wellingtonfund.com/blog.\n\nSOURCE: Wellington Financial LP\n\n\n Lyndsey Fisk-Calhoun Wellington Financial LP Tel: (416) [email protected] \n","length":1631,"tagName":"div"}]

More updates from Clairvest Group Inc.