Fort Capital Partners is pleased to announce that Western Fibre Communications Corp. (dba “Moby”) has completed a first close on its placement of Class A Preferred Shares. Terms of the offering are not disclosed.
Based in Calgary, Moby is an independent telecom company providing high-speed internet, TV, and VoIP services primarily to high-density urban areas and commercial locations. Their growth is being driven by demand from multi-family residential as well as senior living, hotels, hospitals, restaurants, and medium sized business.
“This financing marks an important milestone for Moby as it accelerates our growth strategy and supports continued expansion in key markets across Canada,” said Boaz Shilmover, CEO of Moby. “Our experienced team is dedicated to providing the best service, technology and reliability for our customers.”
Fort Capital is proud to support Moby as its financial advisor as it scales its state-of-the-art fibre optic network and premium service solutions. We acted as placement agent on this offering.
To learn more about Moby, please contact Brian Petersen at brian.petersen@fortcapital.ca.