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Urgently Secures Up to $75 Million in New Financing from Highbridge, Onex Credit and Whitebox Advisors

Urgently Secures Up to $75 Million in New Financing from Highbridge, Onex Credit and Whitebox Advisors

VIENNA, Va.--(BUSINESS WIRE)--Urgently, a leading provider of digital roadside and mobility assistance services, announced today it has secured up to $75 million in debt financing from certain funds managed by Highbridge Capital Management, LLC (“Highbridge”), Onex Credit and Whitebox Advisors, that will help the company advance its mission to transform the legacy roadside assistance market and to develop and define the new market for connected mobility assistance services for automotive, insurance, fleet, logistics, new mobility and technology transportation companies. In addition, Structural Capital refinanced and increased its existing debt facility with Urgently to $17.5 million.

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