(NewsDirect)
Tribe Property Technologies CEO JosephNakhla and new company chief financial officer Angelo Bartolini joinedSteve Darling from Proactive to provide some key updates on thecompany.
Bartolini, with over 12years of experience in a public company setting, has taken on the roleof CFO at Tribe Property Technologies. His most recent position was asCFO of Altus Group, where he played a crucial role in drivingtransformative growth for the company.
In his new role at Tribe, Bartolini will leverage his expertisein capital management, equity and debt financing, and performancemanagement including budgeting and forecasting, financial riskmanagement, and M&A execution and integration.
Bartolini shared his perspective on why hechose to join Tribe and how he plans to leverage his experience tocontribute to the company's progress.
Additionally, Joseph Nakhla announced that Tribe PropertyTechnologies has signed a definitive loan agreement with theTechnology and Innovation Banking arm of a Canadian bank, securing upto $15 million. This facility comprises a $3 million operating line tosupport the company's working capital requirements and an M&Afacility of $7 million, with an additional $5 million allocated forfuture use.
This financingagreement reflects the company's strategic approach to financialmanagement and its commitment to supporting its growth initiatives.
In summary, Tribe Property Technologies has strengthened itsleadership team with the appointment of Angelo Bartolini as CFO,adding significant financial expertise to the company. The financingagreement further positions Tribe for growth and expansion as itcontinues to provide innovative solutions in the property managementsector.
Contact Details
Proactive InvestorsCanada
+1 604-688-8158
na-editorial@proactiveinvestors.com
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