NanoLumens® Completes $13.3-Million Round Of New Financing
ATLANTA, Jan. 7, 2015 /PRNewswire/ -- NanoLumens®, the world's leader for visualization solutions in any size, shape or curvature, today announced it has secured $13.3-million in new financing from an offering of debt and securities. Euro Pacific Canada Inc. (www.europac.ca) served as the exclusive agent for the offering. The $5-million debt component of the financing was provided by Wellington Financial LP (www.wellingtonfund.com).
According to NanoLumens CEO Rick Cope, the new round of funding will be used to accelerate the company's strategic business and technology development programs. "The next chapter for our global strategy is about to unfold" he said today. "Working closely with leading global companies, NanoLumens is expanding its visualization platform to incorporate nearly limitless opportunities that join together large-format visualization solutions with native apps, professional services and mobile tech platforms. Our end result will be an interactive universe of display solutions that not only engage customers, but also simultaneously deliver information and compel commerce.
"What's more," Cope continued, "we are going to do this with technology that was born in Canada, is manufactured in America, and is shipping to customers around the world."
According to Euro Pacific Canada Managing Director Adam Adamou, "Euro Pacific is committed to repopulating the Canadian public markets with the very best young technology companies in the world. NanoLumens is a pre-eminent leader in the emerging market of providing customer specific visualization solutions that help marketers to better engage with their customers wherever those customers happen to be."
"We are excited to partner with this dynamic tech visionary. NanoLumens stands at the forefront of creating the future of customer engagement through visualization solutions that can be designed, engineered and manufactured in any shape, size or curvature that clients require. With an impressive list of customers and tremendous growth over the last three years, NanoLumens is a perfect fit for our growth capital," said Mark McQueen, President & CEO of Wellington Financial.
NanoLumens' current clients include a broad range of marketers covering the fields of broadcast, casinos, control rooms, convention centers, DOOH, higher education, hospitality, retail, stadiums, and transportation including Estee Lauder, Delta Airlines, Holt-Renfrew, TD Garden, CBS Outdoor, Charles Schwab, Invesco, Louisiana State University and the Minneapolis Convention Center, among many others.
About Wellington Financial LP:
Wellington Financial LP is a privately-held specialty finance firm providing term, venture and amortizing loans up to $30 million. Wellington Financial LP is currently managing a $600 million investment program with offices in San Jose, Santa Monica and Toronto. Wellington Financial LP is managed by a partnership controlled by fund management and Clairvest Group Inc. (CVG:TSX), who jointly have contributed a large financial stake to the Fund. LPs include several of Canada's largest institutional investors, crown corporations, financial institutions and pension funds. Please visit the fund website at www.wellingtonfund.com.
About Euro Pacific Canada Inc.:
Euro Pacific Canada Inc. is a Canadian registered brokerage firm headquartered in Toronto, with offices in Montreal, Vancouver and Tokyo, Japan. The firm offers an integrated platform of equity research, institutional sales and trading, investment banking and private client services utilizing the macro-economic strategies laid out by Euro Pacific Capital's Chief Global Strategist Peter Schiff, an internationally recognized market strategist.
The firm's U.S. counterpart, Euro Pacific Capital, is a registered brokerage with offices in New York City, Westport, Scottsdale, Newport Beach, Los Angeles, Santa Monica and Boca Raton. Together the firms offer an integrated platform of investment banking, institutional sales and trading, research, and over $3.5 billion in private client assets. Please visit Euro Pacific Canada at www.europac.ca.
About NanoLumens:
Working with leading Fortune 500 clients on five continents, NanoLumens continues to pioneer visualization solutions. The company is creating a market where clients can have leading-edge technology, and access to choices that include managed, brilliant content, current information streams and even interactive customer experiences tailored to a specific industry. This innovation is driven by increasing customer demand. NanoLumens provides an immersive experience that shatters any previous modes of customer engagement. All NanoLumens solutions are designed and made in the United States of America and come backed by the industry's only Six-Year, Zero Failure Warranty. www.nanolumens.com.
Contact: Bob Griffin
Griffin Integrated Communications
212.481.3456 ext. 16
[email protected]
SOURCE NanoLumens
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