Jun 22, 2022 08:02 EDT
CALGARY, Alberta, June 22, 2022 (Newswire.com)
A Parent Media Co. Inc. (“APMC” or the “Company“), owner of kids’ Safe Streaming™ services, Kidoodle.TV®, Glitch+, and Safe Exchange Inc., has announced the successful closing of an equity financing (“Financing“) with TriWest Capital Partners (“TriWest“), one of Canada’s leading private equity firms. APMC has raised over CDN $80 million of investment capital and is now worth over CDN $600 million.
In conjunction with the financing, TriWest’s Managing Director, Jon Spencer, joined APMC’s Board of Directors. “We are very pleased to welcome Jon Spencer to the Board and look forward to his insight and contributions to the Board’s deliberations,” said Michael…