Crown Capital puts $15 mln loan to work in VIQ Solutions

Crown Capital Partners has provided a $15 million loan to VIQ Solutions Inc (TSX-V: VQS), a Toronto-based technology company focused on digital media capture, workflow management and artificial intelligence tools. Founded in 2004 and led by President and CEO Sebastien Paré, VIQ has a customer base of more than 800 public and private agencies and users in over 25 countries. Crown, a Canadian specialty finance firm, said the loan's proceeds will help the company leverage its transcription services platform and undertake acquisitions. This week, VIQ acquired Net Transcripts Inc, a U.S. provider of documentation services to law enforcement and criminal justice organizations.

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