From XBiz
By Michael Hayes
MIAMI BEACH, Fla. — With the mission of bringing high finance to adult entertainment, investment firm AdultVest has announced that it will have a strong presence at this year’s EXXXOTICA tradeshow, held at the Miami Beach Convention Center, June 9-11.
“It is very exciting to be working with AdultVest,†J. Handy, director of EXXXOTICA, said. “This is the first company that has taken the initiative to develop an investment marketplace dedicated to serving the adult industry. Everyone knows how profitable this industry is. If you’re looking for something more exciting in your investment portfolio, this is it.â€
AdultVest, which seeks to match investors with growing and startup adult companies, has entered into an agreement with Victory Tradeshow Management, which owns EXXXOTICA. According to Handy, AdultVest will be there to provide special services for exhibitors, sponsors and attendees of the show who are looking for ways to finance adult entertainment.
“We seek to bring order and maturation to a tremendously inefficient but remarkably profitable industry,†Francis Koenig, AdultVest founder, said. “Although we are the first company to offer Wall Street-style services to businesses with little experience in that area, it is clear that the entrepreneurs and investors flocking to our website validate our business model.â€
Citing the recent purchase of Penthouse Media Group by Mark Bell Capital Partners as evidence of the mainstream financial sector’s interest in the adult industry, which AdultVest places at $57 billion per year in global revenue, Koenig said that adult entertainment offers “superior risk to reward qualities.â€