Imperial Capital closes $17 mln investment in STI Technologies
Canadian mid-market private equity firm Imperial Capital Group has completed its previously announced $17 million investment in STI Technologies Ltd, a Halifax, Nova Scotia-based provider of reimbursement solutions for the healthcare market. The transaction provided exits to the company's early investors, including GrowthWorks Atlantic Venture Fund. Imperial's investment in STI marks the second deal done by the firm's fifth fund, Imperial Capital Acquisition Fund V, which recently raised over $250 million according to an exclusive report by peHUB Canada.
16 October 2013•3 mins read
