Converge Technology Solutions Corp. Announces Increase to Credit Facility and Addition of J.P. Morgan Chase to Syndicate
TORONTO and GATINEAU, Quebec, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Converge Technology Solutions Corp. (“Converge” or “the Company”) (TSX:CTS) (FSE:0ZB) (OTCQX:CTSDF) a software-enabled IT & Cloud Solutions provider, is pleased to announce it has gained approval to increase its ABL credit facility from
“Over the course of this year, Converge has realized significant financial growth as exemplified in our recently released earnings announcement,” stated Shaun Maine, CEO of Converge. “As we move into 2022, we remain confident in our continued expansion. With nothing currently drawn on the line, the increase of
About Converge
Converge Technology Solutions Corp. is a software-enabled IT & Cloud Solutions provider focused on delivering industry-leading solutions and services. Converge’s regional sales and services organizations deliver advanced analytics, cloud, and cybersecurity offerings to clients across various industries. The Company supports these solutions with managed services, digital infrastructure, and talent expertise offerings across all major IT vendors in the marketplace. This multi-faceted approach enables Converge to address the unique business and technology requirements for all clients in the public and private sectors. For more information, visit convergetp.com.
For further information contact:
Converge Technology Solutions Corp.
Email: investors@convergetp.com
Phone: 416-360-1495