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CIBC Innovation Banking serves as lead arranger for Vena credit facility

CIBC (CM) Innovation Banking announced its role as Lead Arranger and Administrative Agent in an expanded credit facility for Vena Solutions. The increased financing and broadened syndicate are set to support Vena’s acquisition of Acterys, an industry-leading Microsoft Power BI-based operational planning and app development platform, and provide additional capital to fuel future growth for the newly combined organization. Existing investors include Vista Equity Partners, JMI Equity and Centana Growth Partners.

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