Veronis Suhler Invests in Navtech

Veronis Suhler Stevenson has invested in Navtech. Financial terms weren't announced. VSS's investment came from its second structured capital fund, VSS Structured Capital II. Navtech, of Waterloo, Canada, provides flight operations software and tools for the commercial aviation industry. Veronis replaced Navtech's existing debt with its own, says Hal Greenberg, a VSS partner. Cambridge Information Group continues to be Navtech's majority and lead investor, he says.

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