
UK - Electra Quoted Management backs new extreme sports publisher
Electra Quoted Management has provided newco Factory Media with an initial investment of £3.85m to enable it to acquire three leading specialist extreme sports publishers in the 16-24 youth market; Action Sports Media, Permanent Publishing and 4130 Publishing. Electra will provide additional funds to the management team in future, with the management team aiming to concentrate on multi-platform digital products in order to grow the company.
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