Beedie Capital commits $3.5 mln in funding to Nightingale Informatix

Canadian growth finance firm Beedie Capital Partners has agreed to extend $3.5 million in a secured term loan to Nightingale Informatix Corp (TSX-V: NGH), a provider of cloud-based electronic health record and practice management services to North American healthcare organizations. Funding proceeds will support the company in its efforts to launch a next generation platform, Nightingale EHR, and for other purposes. Based in Markham, Ontario, Nightingale also has been backed by Canadian specialty finance firm Wellington Financial and Export Development Canada. A Wellington-led deal in 2007 facilitated the company's acquisition of VantageMed Corp.

25 August 2014•5 mins read
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