Press Releases

Catalyst-backed MediaMath gets new $175M senior secured credit facility

MediaMath Announces New $175 Million Credit Facility, Led By Goldman Sachs, with Santander Bank, to Continue Rapid Growth and Industry Leadership

Press release: NEW YORK — MediaMath, the leading independent programmatic company for marketers, today announced a new $175 million senior secured credit facility, led by Goldman Sachs, in partnership with Santander Bank. MediaMath will use this new line of credit to refinance existing debt facilities and fund its ongoing growth objectives.

Joe Zawadzki, Chairman and CEO of MediaMath, said: “We’re thrilled to work with Goldman Sachs and Santander, who are equally ambitious to support the growing scale of our business today, and motivated to support the needs of a reimagined and increasingly sophisticated supply chain in the future.”

Akin Bay Company LLC, a New York based investment bank, acted as the sole placement agent and debt advisor to MediaMath for the financing.

About MediaMath
MediaMath’s technology and services help brands and their agencies drive business outcomes through programmatic marketing. We believe that good advertising is customer-centric, delivering relevant and meaningful marketing experiences across channels, formats and devices. Powered by advanced machine learning algorithms that buy, optimize and report in real time, our platform gives sophisticated marketers access to first-, second- and third-party data and trillions of digital impressions across every media channel. Clients are supported by solutions and services experts that make it simple to activate our technology. Since launching the first Demand Side Platform (DSP) in 2007, MediaMath has grown to a global company of nearly 700 employees in 15 locations in every region of the world. MediaMath’s clients include all major holding companies and operating agencies as well as leading brands across top verticals.

Press Releases

Catalyst portfolio company Xplornet successfully launches ViaSat-2 satellite from the Guiana Space Center

Rural Canadians are once again about to get a big boost in Internet speed and capacity, thanks to game-changing new investments in satellite Internet service by Xplornet Communications Inc. Xplornet, one of Canada’s leading broadband service providers, announced the successful launch of the ViaSat-2 satellite from the Guiana Space Center in French Guiana. ViaSat-2 is one half of Xplornet’s new satellite broadband program, which triples Xplornet’s current satellite Internet capacity. Xplornet is the exclusive Canadian residential provider on two satellites, the two highest capacity broadband satellites ever launched.


Crain’s Chicago: Catalyst invests $41 million in Chicago firm Fusion

“If you just looked at the company’s profile, it’s hitting its stride and had reached a certain level of scale,” says Ryan McNally, a partner at New York-based Catalyst Investors, which provides growth capital to later-stage companies. It had been looking at the broader space of tech-enabled service companies in governance, risk and compliance when it was introduced to Fusion last year.

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