BDC Capital and Desjardins Capital Invest $4.2M in Agendrix to Facilitate Transfer of Control
June 22, 2021
Agendrix, a Sherbrooke-based HR SaaS company, received a $4.2 million financing package provided equally by BDC Capital's Growth & Transition Capital division and Desjardins Capital consisting of equity and mezzanine debt. The investment enabled founder André Gauthier and smaller silent partners to withdraw and transferred control to five employee shareholders while the investors take a minority stake and join the board to support growth.
- Targets
- Agendrix
- Sellers
- André Gauthier, Smaller silent partners
- Industry
- Cloud & SaaS
- Location
- Quebec, Canada
- Transaction Type
- Growth capital
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