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/PRNewswire/ -- CapStone Holdings, a business incubator and investment group and its Family Trust, today announced a $25 million investment with Owl Rock, a...
/PRNewswire/ -- CapStone Holdings, a business incubator and investment group and its Family Trust, today announced a $25 million investment with Owl Rock, a...
TerrAscend Corp. (OTCQX: TRSSF), will obtain a $25 million investment from CapStone Holdings. TerrAscend recently announced it has secured $120 million in financing via a senior secured term loan with a syndicate of lenders. The loan was secured by Ilera Healthcare, which TerrAscend purchased in 2019 for a total consideration of $125 million to $225 million. CapStone is one of a group of investors in a $120 million loan facility to enable TerrAscend to complete the final Ilera Healthcare earn-out payments, in relation with TerrAscend's acquisition of Ilera Healthcare. After TerrAscend’s ac...
Share this article Share this article WATERFALL, Pa., Dec. 21, 2020 /PRNewswire/ -- CapStone Holdings, a business incubator and investment group, today announced a $25 million investment in TerrAscend's Ilera Healthcare Division, a vertically-integrated medical marijuana cultivator, processor, and dispensary operator in Pennsylvania. CapStone is one of a group of investors in a $120 million loan facility to enable Ilera's parent company – TerrAscend Corp. (CSE: TER;OTCQX: TRSSF) – to satisfy the final Ilera Healthcare earn-out payments, in connection with TerrAscend's acquisition of I...