Investment Summary

Capital Southwest and Main Street Capital Invest In Coastal Television Broadcasting

On June 11, 2020, business development company Capital Southwest and private equity firm Main Street Capital invested in media company Coastal Television Broadcasting

Investment Highlights
  • This is Capital Southwest’s 1st and Main Street Capital’s 1st transaction in the Media sector.
  • This is Capital Southwest’s 45th and Main Street Capital’s 112th transaction in the United States.
  • This is Capital Southwest’s 1st and Main Street Capital’s 1st transaction in Alaska.

Investment Summary
Date 2020-06-11
Target Coastal Television Broadcasting
Sector Media
Investor(s) Capital Southwest
Main Street Capital
Deal Type Acquisition Financing

Target

Coastal Television Broadcasting

Anchorage, Alaska, United States
website
Coastal Television Broadcasting Co. is a television broadcasting company that engages in the operation of broadcasting stations in duopoly or triopoly small-to-mid-size markets. Coastal TV owns and operates KTBY, KFNB, KLWY and WLOV, the FOX Broadcast affiliates in Anchorage, AK, Casper, WY, Cheyenne, WY and Tupelo, MS, respectively. Coastal Television Broadcasting Co. was founded in 2008 and is based in Anchorage, Alaska.

Search 192,510 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 2

Investor

Capital Southwest

Investor Investor Investor Investor Investor

website

Category Business Development Company
Founded 1961
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Capital Southwest Corp. is a credit focused business development company focused on providing financing to profitable, mid-sized companies throughout the US. The Firm doesn't have any sector preferences and will consider a variety of investment structures. Capital Southwest Corp. was originally established in 1961 and is headquartered in Dallas, Texas.

DEAL STATS #
Overall 46 of 48
Sector (Media) 1 of 1
Type (Acquisition Financing) 1 of 1
State (Alaska) 1 of 1
Country (United States) 45 of 47
Year (2020) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-02 Central Medical Supply Group

Flanders, New Jersey, United States

Central Medical Supply Group is a provider of outsourced equipment management solutions for hospices. In addition to managing the challenging logistics of delivering medical equipment to the site of care, CMG’s technology platform provides its clients with consolidated ordering and invoicing, as well as reporting and analytics on utilization, cost trends, and patient data. Central Medical Supply Group was founded in 1997 and is based in Flanders, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-05 Perform[cb]

Sarasota, Florida, United States

Perform[cb] is a performance-based digital marketing network that connects advertisers with publishers. The Company provides a network that gives advertisers access to a qualified network of relevant publishers or affiliates, who can provide them with high-value sales leads. Perform[cb] was founded in 2002 and is headquartered in Sarasota, Florida.

Sell -
Investor

Main Street Capital

Houston, Texas, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1997
PE ASSETS 3.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Main Street Capital Holdings is a public investment firm that invests in mid-market companies to support ownership transitions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives. Main Street looks for businesses opearting in basic industries with positive cash-flow and and defensible competitive advantages. Main Street generally invests $5 to $75 million in companies with $10 to $150 million of revenue and EBITDA of $3 to $20 million. Investments are usually in the form of term debt and/or direct equity. Main Street Capital Corporation was formed in 1997 and is based in Houston, Texas.

DEAL STATS #
Overall 112 of 136
Sector (Media) 1 of 1
Type (Acquisition Financing) 2 of 2
State (Alaska) 1 of 1
Country (United States) 112 of 136
Year (2020) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-28 Pearl Meyer

Wellesley, Washington, United States

Pearl Meyer is an independent executive compensation consulting firm. PM&P has served as a trusted advisor to Boards and their senior management in the areas of governance, strategy, and compensation program design. Clients from the Fortune 500 to not-for-profits and emerging high-growth companies rely on PM&P to help align rewards with long-term business goals to create value for all stakeholders: shareholders, executives, and employees. Pearl Meyer was founded in 1989 and is based in Wellesley, Washington.

Buy $49M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-24 IDX

Eugene, Oregon, United States

IDX LLC is a software as a service (SaaS) digital marketing solution for real estate professionals. The Company gives real estate professionals a high-quality and cost effective digital marketing channel which allows them to turn prospective customers into paying customers. The company's platform is personalized and highly customizable with integrated data and provides back-end analytics for real estate agents. IDX was formed in 2004 and is based in Eugene, Oregon.

Sell -
Mergr

Product

Company

Legal