ProTek Capital Inc. is buying Artfest International Inc. in an all-stock deal.

For each share of Artfest, ProTek will issue one share of its stock as a dividend to Artfest shareholders.

Delray Beach, Fla.-based ProTek focuses on funding and acquiring software and mixed-media companies, especially those in the social media and entertainment industries. Investments include AcuteSystems Inc., NX Global Inc. and Infrared Systems International.

Artfest owns a Dallas production studio, as well as MyArtfest.com, and aims to connect galleries, artists, decorates, designers and private collectors.

Through the Artfest purchase, ProTek is picking up Starfest Direct Inc., a direct sales company, shares of PBS Holding Inc., a Longwood, Fla.-based media company, and Tradestar Resources, a company that markets the United Women’s Football League. 

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