28 May 2015

During its appearance on the Radio-Canada TV show, Dans l’œil du dragon (the French version of Dragon’s Den), Shark Media & Sport made a deal with veteran Dragon Serge Beauchemin.

The Sherbrooke company specializes in the design of customizable Web tools for managing sports organizations, in the realm of hockey in particular.

With their new team member, the company’s three Sherbrooke shareholders Nolan Poulin, Nyk Beaulieu, and Stephan Doucet now plan to expand their expertise to other sports and beyond Québec’s borders.

Following an initial very positive meeting, the original terms of the deal – a contribution of $100 000 for 25% of the company – were revised, with the equity actually being lowered to 20%.

Source : La Tribune