Crown Capital lends $15 million to Bill Gosling Outsourcing

Canadian specialty finance firm Crown Capital Partners has closed a $15 million, five-year term loan agreement with Bill Gosling Outsourcing Holding Corp (BGO), a Newmarket, Ont.-based supplier of accounts receivable management services and call centre solutions to global customers. Crown Capital President and CEO Chris Johnson said the debt funding will support the company's continued growth, which is benefiting from "the ongoing shift to business process outsourcing." Founded in 1955, BGO was formerly known as Allied Global Holdings Inc. It has been a portfolio investment of Canadian private equity firm Fulcrum Capital Partners since January 2007.

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