Consorteum Secures $30M in PE Backing
Consorteum Holdings Inc., a Mississauga, Ontario-based company in the financial services, payment and transaction processing industry, has entered into an agreement for a C$30 million funding commitment from AIC Group Holdings, a private equity firm incorporated under the laws of the British Virgin Islands. Consorteum will use the proceeds of the investment to provide working capital, fund sales and marketing, and to allow the company to identify potential merger and acquisitions in the online and mobile gaming sector.
13 February 2013•6 mins read
