Purch raises $135 mln in Series C funding led by Canso Investment
Purch, a U.S. integrated digital content and commerce company, has secured US$135 million in a Series C private equity and debt financing round led by Canso Investment Counsel, a Canadian investment management firm with digital and media holdings. RBC Capital Markets acted as the placement agent for the financing. Purch, which was founded in 2003, said the proceeds of the deal will be used for strategic acquisitions to support the company's organic growth. Headquartered in Ogden, Utah, Purch is also backed by U.S. venture capital firms ABS Capital Partners, Highway 12 Ventures and other investors. Canso is based in Richmond Hill, Ontario.
3 June 2015•4 mins read
