PE-Backed Stingray Acquires eMedia's Canadian Accounts
Stingray Digital Group, a Montréal-based innovative content provider and broadcaster focused on delivering high-quality music content, has acquired the Canadian commercial accounts of Vancouver's eMedia Networks International Corp. for over $2 million. According to a report by The Globe and Mail, the deal adds 5,000 retail locations to Stingray’s arsenal of in-store music clients, pushing its total to 61,000 in Canada. Stingray is a portfolio company of Canadian technology buyout fund Novacap Technologies and technology investor Telesystem.
2 May 2013•2 mins read
