Tinuiti, a digital media company, received equity and debt financing fom Antares.
Antares served as sole lead arranger and is acting as administrative agent for a senior secured credit facility to refinance existing debt and to provide additional capital. The amount of the deal was not disclosed.
The company intends to use the funds for the continued growth of Tinuiti.
Founded in 2004, Tinuiti is a data-driven digital marketing agency specializing in full-service online marketing, which is the new name for Elite SEM and its recently acquired agencies CPC Strategy, Email Aptitude and OrionCKB.
It is a portfolio company of Mountaingate Capital.
With approximately $24 billion of capital under management and administration as of December 31, 2018, Antares is a private debt credit manager and provider of financing solutions to middle-market private equity-backed transactions. The firm maintains offices in Atlanta, Chicago, Los Angeles, New York and Toronto.
FinSMEs
22/08/2019