Published on October 12, 2009 at 4:34 AM
InfoLogix, Inc. (Nasdaq: IFLG), a leading technology provider of enterprise mobility solutions for the healthcare and commercial industries, today announced that it has retained SSG Capital Advisors, LLC, a nationally recognized investment bank based in West Conshohocken, PA to assist InfoLogix in exploring its private placement alternatives. SSG initiates, structures and negotiates financing transactions at virtually every level of the capital structure on behalf of growing businesses seeking capital to support their various expansion initiatives.
The Company previously disclosed that it entered into a non-binding term sheet to restructure its obligations under a Loan Agreement with its senior lender, Hercules Technology Growth Capital, Inc. (Nasdaq: HTGC). The Company continues in active discussions with Hercules about this restructuring.
SOURCE InfoLogix, Inc.
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Tags: Investment