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.
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