Pinetree Capital Acquires Stake in Cloud Platform LeoNovus
Toronto-based private equity and venture capital firm Pinetree Capital said Wednesday that it has acquired a stake in LeoNovus Inc. (TSX Venture: LTV). No financial terms were disclosed. LeoNovus, which has offices in Ottawa, Ontario and Sunnyvale, Calif., is a cloud platform provider for HDTVs and other connected devices. Update: As a result of the transaction, Pinetree holds up to 11.1% of all issued and outstanding common shares of the company.
21 August 2013•2 mins read
