Beedie Capital Announces C$15M Convertible Debt Facility to Lifespeak
Beedie Capital is pleased to announce we’ve further expanded our partnership with Lifespeak Inc. (“Lifespeak”) with the advance of a $15M Convertible Debt Facility. Proceeds from the loan will be used to pay down indebtedness under LifeSpeak’s senior lending arrangements.
For more information on the transaction, please see the press release here.
LifeSpeak is the leading whole-person wellbeing solution for employers, health plans, and other organizations. LifeSpeak’s suite of digital solutions allows organizations to provide best-in-class content and expertise at scale, empowering individuals to live their healthiest lives. As the parent company to LIFT Digital, ALAViDA Health, Torchlight, and Wellbeats, LifeSpeak provides a flexible portfolio of wellbeing solutions across mental health, wellness, fitness, nutrition, substance use, and caregiving.
For further information, please visit their website at https://lifespeak.com/
About Beedie Capital
Beedie Capital is a multi-strategy direct investment platform that manages the alternative investments for Beedie, one of the largest private companies in Western Canada. It deploys capital using a flexible, evergreen mandate, and applies a highly agnostic approach to the duration, structure, and size of its investments. Beedie Capital combines the strategic capabilities of an institutional investment platform with the flexibility and entrepreneurial mindset of a privately owned business.