CIBC Innovation Banking Provides Growth Capital to REG Technologies
News Source : Financial Post
News Summary
- CIBC Innovation Banking has provided growth financing for REG Technologies, a leading provider of compliance and regulatory risk software for the insurance and financial services sector.
- This follows a recent majority investment in REG Technologies by Accel-KKR, a global tech-focused private equity firm.
- The company will use the financing to accelerate product innovation, build on its commercial capabilities, and expand into new international markets.
- CIBC has 25 years of specialized experience in growth-stage tech and life science companies across North America – a longer track record than most banks.
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