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Platt Retail Institute

ORIX Venture Finance Provides Financing to Zoom Media Group

1 September 2010 20 h 12 min

ZoommedialogoORIX Venture Finance has provided debt financing to Zoom Media Group Inc.. ORIX joins Zoom’s existing capital providers, the de Gaspé Beaubien family and ABS Capital Partners, the equity investors and owners of the Company.

Zoom will use new capital to continue to expand its existing media and advertising products and services, particularly the company’s digital advertising networks.

Zoom Chairman and Chief Executive Officer, Francois de Gaspé Beaubien, noted, “We welcome ORIX Venture Finance’s financial participation in our company as a reflection of our established leadership in delivering effective digital marketing solutions. By securing this financing, Zoom will continue expanding digital products and services as well as make further strategic acquisitions, the likes of which have already helped us double in size since 2008.”

Categories : Canada, Finances, Funding, United States

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