Define Capital Secures $28 Million Debt Facility from Scotiabank

Define Capital has announced a $28 million debt facility from Scotiabank to continue acquiring and supporting profitable niche software companies. This new financing allows Define Capital to expand its investment strategy, with a focus on long-term growth and stability for the businesses it acquires.

The funding is a significant step in strengthening Define Capital’s ability to execute on its permanent capital model. By using debt to complement its equity, the firm can continue backing founders and ensuring their businesses thrive well beyond acquisition.

This milestone also reflects growing confidence in Define Capital’s approach of targeting niche software businesses that provide essential solutions to their customers. With the additional support of Scotiabank, the firm can accelerate its acquisition pace and provide even greater resources to founders looking for a reliable and long-term partner.

To read the full details of the announcement, visit BetaKit’s coverage of Define Capital’s $28 million debt facility.

‍