Origin Merchant Partners is pleased to announce that Think Research Corporation (“Think”) has closed an initial advance of $10 million from Beedie Investments Ltd (“Beedie”) under a convertible loan facility of up to $25 million. Origin Merchant Partners was the exclusive financial advisor to Think with respect to this transaction.
Think (TSXV: THNK) (OTCQB: THKKF) is focused on transforming healthcare with their evidence-based digital health software solutions, aiming to deliver the latest clinical information and data to empower clinicians. The Company is a trusted health system partner to a global client base that spans five continents across more than 13,000 healthcare facilities, rapidly growing through organic growth and a highly acquisitive strategy.
Beedie is the private equity arm managing the alternative investments and assets for Beedie Development Group (Real Estate Development). Beedie provides flexible financing solutions to companies seeking growth capital for acquisitions, new product launches, sales and marketing efforts and other strategic initiatives.