ZoomerMedia Acquires The Peak Media Collective Inc.

June 8, 2023

ZoomerMedia Limited (TSXV: ZUM) completed the acquisition of all outstanding shares of The Peak Media Collective Inc. for an aggregate purchase price of $5.0 million (consisting of $3.5 million cash and a $1.5 million promissory note). The deal expands ZoomerMedia's digital publishing roster and audience reach by adding The Peak's newsletters, podcasts, and social platforms aimed at modern Canadian business leaders.

Buyers
ZoomerMedia Limited
Targets
The Peak Media Collective Inc.
Sellers
Shareholders of The Peak Media Collective Inc.
Location
Ontario, Canada
Transaction Type
Buyout

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