Beedie Capital
Beedie Capital provided financing to Enthusiast Gaming Holdings Inc.
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Beedie Capital provided financing to Enthusiast Gaming Holdings Inc. MNP Corporate Finance Inc. provided financial due diligence services to Beedie Capital.
Transaction Brief
Enthusiast Gaming Holdings Inc. (TSX: EGLX) (“Enthusiast Gaming”), a leading gaming and media company, received a four-year non-revolving term loan. The financing was arranged pursuant to a credit agreement with lenders led by Beedie Investments Ltd. (“Beedie Capital”).
This strategic investment significantly bolsters Enthusiast Gaming's financial position, providing additional liquidity which will enable Enthusiast Gaming to accelerate their vision of uniting gaming enthusiasts globally and delivering exceptional value to their partners and communities.
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.