The Corporate Private Debt team has concluded a financing transaction with Searchlight Pharma Inc. for the acquisition of ERFA Canada 2012 Inc. The acquisition adds a diverse portfolio of over 20 brands that provides the company with a significant increase to both scale and cash flow.
The acquisition was financed with low-cost, 8-year self-amortizing term debt provided by Fiera Private Debt, and with additional capital and support from existing shareholders.
Searchlight Pharma Inc. is a leading Canadian-based specialty healthcare company that executes best-in class search, acquisition, commercialization, and focused development of innovative and unique specialty healthcare products. Its core products focus on women’s health, urogynecology as well as urology, and the team is committed to improving people’s lives by bringing the right products to market.