Lombardi Media Corporation | |
Native Name Lang: | English |
Type: | Holding company |
Founded: | 1986 |
Founder: | Michael Lombardi |
Hq Location: | Ontario |
Hq Location Country: | Canada |
Industry: | Publishing, Digital Media, Customer Contact Services, Consumer Goods, Direct Marketing and Product Fulfillment |
Homepage: | http://www.lombardimedia.com/ |
Lombardi Media Corporation is a holding company that owns a group of businesses concentrated in publishing, digital media, customer contact services, consumer goods, direct marketing and product fulfillment.[1]
Lombard Media Corporation, founded in 1986 by Canadian entrepreneur Michael Lombardi, MBA, became a public company in 1993 via a reverse-takeover of Golden Point Exploration Inc.[2] In 2007, Michael Lombardi, who was then the major shareholder of Lombardi Media Corporation with approximately 89% of the outstanding stock, purchased the remaining shares[3] in a going-private transaction.[4]
A subsidiary of Lombardi Media Corporation, Lombardi Publishing Corporation, experienced rapid growth in the 2000s[5] and was ranked several times as one of Canada's 100 fastest growing companies by Profit Magazine.[6] [7] [8] [9] [10] [11] Today, Lombardi Publishing Corporation publishes financial e-letters, periodicals, newsletters, books and reports.
In the late 1990s, Lombardi Media Corporation started acquiring companies that supplied the Canadian direct marketing industry.[12] Lombardi Media Corporation purchased Avon Sale Tech Inc. and Templeman Direct Marketing Limited, two major suppliers to the Canadian direct marketing industry.[13] [14] [15] The companies where merged into Clixx Direct Marketing Services Inc. which were eventually sold in 2010 to NYSE listed Cenveo Inc.[16] [17] In 2007, Lombardi Media Corporation made its first acquisition in the U.S. direct marketing industry.[18]