HYTN Innovations has appointed Mr. Fabian Monaco to its Board of Directors, effective immediately.
Mr. Monaco is an accomplished technology entrepreneur, investor, and operator with a proven history of building and scaling high-growth businesses. He brings extensive experience across venture capital, private equity, and public markets, with a focus on software, fintech, and platform-based companies. Mr. Monaco is the owner of Giumar Capital Inc., a boutique investment banking and advisory practice. He is also the co-founder and former Chief Executive Officer of Gage Growth Corp., which was acquired by TerrAscend Corp. for over $500 million in 2022. Under his leadership, Gage expanded into a $100 million revenue business with more than 15 retail locations and over 350 employees. In addition to his operating experience, Mr. Monaco is a lawyer with a background in capital markets, having held roles at major international law firms and investment banks where he specialized in mergers and acquisitions and financing transactions.
"I'm pleased to join HYTN at an exciting stage of its development," stated Fabian Monaco. "The Company is well positioned with a differentiated strategy, and I look forward to working with the team to support its continued growth and long-term success."
"Mr. Monaco brings a unique combination of entrepreneurial success, capital markets expertise, and hands-on operating experience that aligns extremely well with HYTN's growth strategy," said Elliot McKerr, Chief Executive Officer of HYTN Innovations Inc. "His track record of building and scaling businesses, along with his ability to identify and execute on strategic opportunities, will be invaluable as we continue to expand the Company and drive long-term shareholder value."
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