TORONTO, ON / ACCESS Newswire / March 6, 2026 / Tevir Capital ("Tevir") in its capacity as the general partner of TC Fund I LP (the "Fund") today announced the sale of the Fund's majority ownership in Sing Tao Media Group Canada ("STMG") to a new Canadian-led ownership group. The transaction marks a significant and positive milestone for one of Canada's most established Chinese-language media outlets, and positions it well for continued growth and relevance in the communities it serves.
STMG has played an important role in Canada's Chinese-speaking communities since the brand began in Canada in 1978, providing news, information, and connection to audiences across the country through its radio station and various media publications. The transaction marks the beginning of the next chapter for the organization under a new Canadian majority ownership.
"We are pleased to complete this transaction and transition the business to a new Canadian ownership group to carry this media brand forward," said Paul Rivett, the President of Tevir and outgoing director of STMG. "STMG has a long-standing presence in Canada's Chinese-language communities, and we are confident the new majority owners will build on that foundation and guide the organization into its next phase."
Additional details regarding the transaction were not disclosed.
About Tevir Capital
Tevir Capital is a long-term focused, relationship-based, and innovative funding firm based in Toronto. Tevir lives by the philosophy of doing business the right way through hard work and discipline, and by building strong relationships with our portfolio companies and investment partners, to achieve mutually beneficial objectives. Tevir Capital acts as the general partner and investment manager to TC Fund I LP.
Contact:
Kim White
416-702-9127
SOURCE: Tevir Capital LP Ltd.
View the original press release on ACCESS Newswire:
https://www.accessnewswire.com/newsroom/en/business-and-professional-services/tevir-capital-announces-tc-fund-i-lps-sale-of-sing-tao-media-gro-1144879
