GuestLogix to tap up to $9 mln in credit from Vistara, Beedie

GuestLogix Inc (TSX: GXI), a provider of merchandising, payment and business intelligence technology to airlines and the passenger travel industry, has closed a credit agreement of up to $9 million. The sources of the facility are Canadian growth investors Vistara Capital Partners and Beedie Capital Partners, which is managed by Canadian private equity firm Bond Capital. The Toronto-based GuestLogix said the funds will be used for growth initiatives and other purposes. As reported by peHUB Canada last month, Vistara raised $80 million in the initial close of its debut fund, Vistara Capital Partners Fund I LP.

8 June 2015•4 mins read
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