04 December 2011
We noted on Facebook this week that the GreenGym Company from Nova Scotia in eastern Canada featured on the Canadian version of Dragon’s Den.
Facing the Dragons is never easy, but they were successful. The show was recorded in April, but was only broadcast on Wednesday. We had already noted their increase in activity which may have been, in part, in anticipation of this investment. (Last month, they also featured in the Chronicle Herald with this installationh: http://thechronicleherald.ca/dcw/28149-outdoor-gym-equipment-set-near-banook.)
Not counting royalties, this CAD$200,000 investment for 17.5% would value the company at CAD$1.14million (€837k).
Well done to Guy, Deb and all involved! We wish you continued success!
(Well done on the Steve nomination for women in business also! http://www.stevieawards.com/pubs/women/awards/414_2252_21305.cfm)
This story comes from the Chronicle Herald: http://thechronicleherald.ca/business/38500-greengym-fitness-regime-lands-dragon-deal
This is the appearance in the Den: http://www.cbc.ca/dragonsden/episodes.html (Episode 9 - although it’s restricted for many countries)
The Yarmouth County Vanguard reports on a recent GreenGym installation here: http://www.thevanguard.ca/Sports/2011-12-08/article-2828520/------New-options-available-for-exercising-outside/1
The Burnside News reports on another success for the GreenGym company here - a distribution agreement in Israel: http://www.burnsidenews.com/Business/2011-12-13/article-2833462/Green-Gym-secures-new-business-during-trade-mission-to-Israel/1
This report from the Chronicle Herald details Green Gym's expansion plans in the Halifax area: http://thechronicleherald.ca/business/43606-firms-wants-take-fitness-%EF%80%A1-parks-all-over-halifax-area
This story reports on an upcoming Green Gym installation in Qatar: http://thechronicleherald.ca/business/47285-greengym-gets-play-qatar-sports-park
The Gult Times reports on the same story here: http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=479313&version=1&template_id=36&parent_id=16
Would you like to invest in a growing niche business? Would you like an investment like this for your Dragon / Angel / Venture Capital / Private Equity portfolio? Contact us!