Clearview Capital Recapitalizes Next Net Media
October 22, 2021
Clearview Capital Fund IV led a recapitalization of Next Net Media, a St. Petersburg-based freelancer-powered digital marketing and content services platform, in a transaction that closed September 3, 2021. Brookside Capital Partners provided subordinated debt and an equity co-investment to support the recapitalization; Next Net Media’s co-founders Marc Hardgrove and David Martin retained a significant equity stake and management remains in place.
- Buyers
- Clearview Capital Fund IV, L.P., Brookside Capital Partners
- Targets
- Next Net Media, LLC
- Industry
- Marketing & Advertising
- Location
- Florida, United States
- Transaction Type
- Recapitalization
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