Novacap-backed Stingray Digital Group files to go public
Stingray Digital Group Inc has filed a preliminary prospectus with Canadian securities regulators about a proposed initial public offering (IPO) of its subordinate voting shares and variable subordinate voting shares. The company has not as yet indicated the amount the IPO is intended to raise. Based in Montréal, Stingray is a business-to-business multi-platform music and in-store media solutions provider. It was founded in 2007 with an investment from Canadian private equity firm Novacap and Telesystem. Stingray's President and CEO Eric Boyko was interviewed by peHUB Canada in its December 2013 report about the first close of Novacap's fourth technology partnership.
24 April 2015•3 mins read
