The Clairvest Group had announced that it represented the group in its USD15 million investment in Cieslok Media, which was formerly known as Titan Outdoor Canada Company. Cieslok ia one of the leading outdoor advertising firms in Canada. Its business is operating large format billboards in the major Canadian cities.
According to Clairvest Managing Director Mitch Green, "When looking to make an investment in our chosen domains, our goal is to find the right partner. In addition to entering an attractive and growing market, we are investing alongside Mr. Cieslok, a proven industry visionary and executer with deep experience in the outdoor advertising market in Canada. We believe Cieslok Media is a highly attractive company and look forward to supporting ita growth in the coming years."
In response, Cieslok Media CEO Jorg Cieslok said, "Cieslok Media is about to embark upon an exciting growth trajectory and we require an active partner who supports our vision. Clairvest brings much more than capital to this deal. It shares our enthusiasm towards the future and will be a valuable resource to me and my team."
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