Toronto — February 11, 2019 — Espresso Capital, a leading North American venture debt provider, announced today that Mark Gilbert has joined as a Director of the firm. A seasoned tech banker, Gilbert will use his 12 years of sales and underwriting experience at financial institutions to help support Espresso’s continued growth.
“I’m thrilled to join the team at Espresso,” says Gilbert. “It’s a high-performing group that is driven and focused on its vision of providing agile, founder-friendly capital without dilution. I’m excited to join an organization that I believe is filing an important financing gap in the North American tech marketplace.”
Gilbert joins Espresso from Bank of Montreal, where he was the Regional Market Leader of the bank’s Technology Banking practice for the Greater Toronto Area. In that capacity, he provided a mix of senior origination and deal structuring support and managed key sponsorship initiatives. He has financed technology companies across Canada, a number of which have been recognized via industry awards for their leadership and growth. Gilbert began his career at Chubb Insurance.
“We’re delighted to have Mark join the team,” says Alkarim Jivraj, CEO of Espresso Capital. “We doubled our business last year and Mark will play an integral role in helping support continued growth in 2019 including as we expand our business into the United States.”
About Espresso Capital
Espresso Capital provides mezzanine venture debt to supplement bank senior debt financing and complement equity venture capital. Espresso funding is typically used for growth capital, working capital, and bridge and acquisition financing. Since 2009, Espresso has provided more than 240 early and growth stage technology companies with founder-friendly capital, without dilution or board seats. Espresso’s mission is to keep founders in control with fast, fair, and flexible capital. Learn more at www.espressocapital.com.