On June 5, 2024, VOSKER, a leader in advanced surveillance solutions, successfully closed a $165 million senior debt financing round. This oversubscribed round enabled the company to recapitalize its debt structure and strategically position for future growth.

Danny Angers, VOSKER’s Co-founder and CFO, highlighted the importance of this financing as a pivotal moment for the company, supporting its goal to become a global champion in surveillance technology. The funds were planned to be utilized for tactical growth projects, solidifying VOSKER’s industry leadership.

Key financial supporters included the Royal Bank of Canada (RBC), which led the banking syndication as the sole lead, bookrunner, and administrative agent. Other participants were Export Development Canada (EDC), the Bank of Nova Scotia (Scotiabank), National Bank of Canada, and Fédération des Caisses Desjardins du Québec. Guillermo Freire, Senior Vice-President of EDC’s Mid-Market Group, affirmed their continued financial support, recognizing VOSKER’s commitment to innovative and sustainable surveillance solutions.

Legal and advisory support was provided by Osler, Hoskin & Harcourt LLP, who served as VOSKER’s trusted legal advisor, and Deloitte Corporate Finance, which facilitated the financing process. McCarthy Tétrault LLP acted as the Lender’s legal advisor.

VOSKER also acknowledged its financial sponsors, including Caisse de Dépot et Placement du Québec (CDPQ), GardaWorld, and Stéphan Crétier, for their continued support in advancing VOSKER’s journey towards global technology leadership.