Asure Software Inc. Amends Credit Agreement, Secures Additional $40 Million Financing for Acquisition and Future Growth

Reuters

07-02

<a href="https://laohu8.com/S/ASUR">Asure Software Inc</a>. Amends Credit Agreement, Secures Additional $40 Million Financing for Acquisition and Future Growth

Asure Software Inc. has entered into a new financial arrangement to support its recent acquisition activities. On June 30, 2025, the company borrowed the remaining $40 million available under its existing Credit Agreement to finance the closing proceeds for the acquisition of Lathem Time 2025, LLC. This move is part of Asure's strategic efforts to expand its portfolio, with the funds also earmarked for future permitted acquisitions. The Credit Agreement, which underpins this financial transaction, includes customary terms and conditions, allowing Asure to strengthen its position in the market for time and attendance products.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Asure Software Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000884144-25-000078), on July 01, 2025, and is solely responsible for the information contained therein.

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Amends Credit Agreement, Secures Additional $40 Million Financing for Acquisition and Future Growth","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/ASUR\">Asure Software Inc</a>. Amends Credit Agreement, Secures Additional $40 Million Financing for Acquisition and Future Growth\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Asure Software Inc. has entered into a new financial arrangement to support its recent acquisition activities. On June 30, 2025, the company borrowed the remaining $40 million available under its existing Credit Agreement to finance the closing proceeds for the acquisition of Lathem Time 2025, LLC. 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Amends Credit Agreement, Secures Additional $40 Million Financing for Acquisition and Future Growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-02 04:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/ASUR\">Asure Software Inc</a>. Amends Credit Agreement, Secures Additional $40 Million Financing for Acquisition and Future Growth\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Asure Software Inc. has entered into a new financial arrangement to support its recent acquisition activities. On June 30, 2025, the company borrowed the remaining $40 million available under its existing Credit Agreement to finance the closing proceeds for the acquisition of Lathem Time 2025, LLC. This move is part of Asure's strategic efforts to expand its portfolio, with the funds also earmarked for future permitted acquisitions. The Credit Agreement, which underpins this financial transaction, includes customary terms and conditions, allowing Asure to strengthen its position in the market for time and attendance products.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Asure Software Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000884144-25-000078), on July 01, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ASUR","symbol_name":"Asure Software Inc","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250701:nNDL48dwsM:1","article_id":"2548983887","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2548983887","pubTimestamp":1751402384,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Asure Software Inc. has entered into a new financial arrangement to support its recent acquisition activities. 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