Outcome Capital Places Recapitalization and Growth Financing for Monster Media, Inc.
ORLANDO, FL. – Outcome Capital, LLC announced today that it acted as placement agent on a private placement of subordinated debt and preferred equity in Monster Media, LLC, the world’s leading interactive digital out-of-home (“DOOH”) media company. The capital was provided by Spring Capital Partners, L.P., and C3 Capital Partners, L.P. Outcome Capital served as exclusive financial advisor to Monster Media.
“Monster Media is an industry leader delivering dynamic and impactful interactive media across a broad range of platforms,” said Bob Stewart, Managing Partner of Spring Capital. “The company’s experienced management team has a track record of strong financial performance and digital advertising innovation, making Monster Media an excellent fit for Spring Capital.”
About Monster Media
Monster Media is an international, full-service media company specializing in digital out-of-home (DOOH) advertising and retail installations. Monster provides out-of-home interactive media and digital content development to harness the full potential of digital marketing across multiple platforms, including airports, malls, events, social media, sports/entertainment venues, mobile tours, college campuses, hotels, bus shelters, newsstands, retail locations, storefronts and mass transit. Founded in 2004 by two industry veterans, the Company has grown to establish itself as the premier Digital Out-of-Home agency, with a full range of creative and technological capabilities built on a foundation of intellectual property. Monster is headquartered in Orlando, FL.
About Spring Capital Partners, L.P.
Spring Capital Partners was established in 1999 to provide mezzanine capital to growing small and medium sized businesses. With over $185 million invested or under management, it makes investments primarily in the form of subordinated debt with equity features in the range of $2 million to $7 million per investment. Spring is based in Baltimore, MD. Please visit www.springcap.com to learn more.
About C3 Capital Partners, L.P.
C3 Capital currently manages three funds with approximately $430 million in assets that provide capital for businesses to finance later stage growth, strategic acquisitions, ownership transitions, and recapitalizations. The funds make $2-10 million investments in the form of subordinated debt or preferred equity in established businesses with a history of profitability. C3 is based in Kansas City, MO. Please visit www.c3cap.com to learn more.