TORONTO, June 21, 2021 – Flow Capital Corp. (TSXV: FW) (“Flow Capital”) is announcing that Stability Healthcare Inc. (“Stability”) has completed a buyout of Flow Capital’s royalty investment for US$3.35M.
“The team at Stability has developed an industry-leading nurse staffing and placement platform, that has allowed them to grow at several hundred percent per year, significantly outpacing their competitors. We are thrilled to have been a financial partner and enabler of their growth. We expect they will continue to disrupt their industry and we wish them well in the future,” said Alex Baluta, CEO of Flow Capital.
About Flow Capital
Flow Capital Corp. is a diversified alternative asset investor and advisor, specializing in providing minimally dilutive capital to emerging growth businesses. To apply for financing, visit www.flowcap.com.
For further information, please contact:
Flow Capital Corp.
Alex Baluta
Chief Executive Officer
alex@flowcap.com
1 Adelaide Street East, Suite 3002,
PO Box 171,
Toronto, Ontario M5C 2V9
Certain statements herein may be “forward-looking” statements that involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Flow or the industry to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether such results will be achieved. A number of factors could cause actual results to vary significantly from the results discussed in the forward-looking statements. These forward-looking statements reflect current assumptions and expectations regarding future events and operating performance and are made as of the date hereof and Flow assumes no obligation, except as required by law, to update any forward-looking statements to reflect new events or circumstances.
