Beedie Capital provides funding to PE-owned Syscon Justice Systems
Canadian growth investor Beedie Capital Partners has provided undisclosed debt financing to Syscon Justice Systems Ltd. The transaction is intended to support the company's expansion and to refinance a portion of its existing debt. Based in Richmond, British Columbia, Syscon provides information technology management software and services to law enforcement and criminal justice agencies. It is a portfolio investment of U.S. private equity firm Sverica International, which bought the company from Securus Technologies Inc in 2010. The Syscon deal is Beedie's third done so far in 2014. Last month, the firm invested in Elastic Path Software Inc, and in January, it invested in ResponseTek Networks Corp.
8 April 2014•3 mins read
