Zoomermedia Announces Acquisition Of The Peak Canada’S Source For Concise Canadian Business News
Acquiring Company
ZoomerMedia Limited
Acquired Company
The Peak
TorontoCanadaMedia And EntertainmentVideoMusicNewsBroadcastingTelecommunicationsDescription
ZoomerMedia Limited (TSXV: ZUM) (“ZoomerMedia”) announces that it has completed the acquisition of all the outstanding shares of The Peak Media Collective Inc. (PMC). Founded in 2020, The Peak serves busy Canadian professionals and business leaders with the top global business, finance, and tech stories of the day packaged in a smart, fast, and easily digestible format. The aggregate purchase price of $5 million is comprised of $3.5 million cash on closing and a $1.5 million promissory note.
Quick answer
ZoomerMedia Limited is acquiring The Peak, announced June 8, 2023. ZoomerMedia Limited is based in Toronto, Ontario, Canada.
- How much did ZoomerMedia Limited pay for The Peak?
- The deal value was not disclosed.
- What does ZoomerMedia Limited do?
- ZoomerMedia focuses on Canada’s most powerful audiences — the 17.2 million Baby Boomers and Gen Xers over the age of 45 (which we coined Zoomers) and the 13.2 million Millennials and Gen Zs under 45 (which in the US..
- Where are ZoomerMedia Limited and The Peak based?
- ZoomerMedia Limited is based in Toronto, Ontario, Canada. The Peak is based in Canada.
- Who are the decision-makers at ZoomerMedia Limited?
- Fundz holds 1 contact at ZoomerMedia Limited. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at ZoomerMedia Limited, and when
When ZoomerMedia Limited changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Related People
Frequently asked
Who acquired The Peak?
The Peak was acquired by ZoomerMedia Limited, based in Toronto. The deal was reported on June 8, 2023. ZoomerMedia Limited is privately held and operates in Media And Entertainment.
When did ZoomerMedia Limited acquire The Peak?
ZoomerMedia Limited's acquisition of The Peak was reported on June 8, 2023. ZoomerMedia Limited (TSXV: ZUM) (“ZoomerMedia”) announces that it has completed the acquisition of all the outstanding shares of The Peak Media Collective Inc. (PMC). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does The Peak do?
The Peak, the official Simon Fraser University student newspaper, has been published since 1965 when the University was founded on the peak of Burnaby Mountain It is privately held, and is based in Canada.
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