Tuesday, June 9, 2009

Anacomp Gets $7.5M In Credit Facility

San Diego-based Anacomp, a provider of electric discovery consulting services, said Monday that the firm has raised $7.5M in a credit facility from Bridge Bank. According to Anacomp, the funding will go towards "various" strategic initiatives at the firm, including expansion in the e-discovery market. Anacomp said the line of credit will go towards general working capital purposes and letters of credit, and replaces an existing credit facility.

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