Grenville leads $250k royalty financing of Fixt Wireless

Canadian royalty financing firm Grenville Strategic Royalty Corp has led a $250,000 royalty investment in Fixt Wireless Inc, a Toronto-based provider of wireless device repair services. Grenville partnered in the funding deal with Foregrowth Holdco Inc and Darwin Strategic Royalty Corp. Grenville established a joint venture with Foregrowth, an affiliate of Gravitas Ilium Corp, and Darwin last year. Established in 2015, Fixt is building a brand in a Canadian market "where one or two dominant firms will emerge over the next few years," Grenville said.

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