Wellington invests $15 mln in VC-backed healthcare IT company
Canadian specialty finance firm Wellington Financial has provided US$15 million in financing to support the growth strategy of a U.S.-based information technology company servicing the healthcare industry. The company, which is venture-backed, was not identified. Wellington said it has to date led $65 million in deals involving eight healthcare companies. They include Ottawa's CareWorx Inc, which secured a $10 million credit facility from Wellington last year to back its merger with TUC Managed IT Solutions.
1 May 2017•2 mins read
