Investment Summary

Massachusetts Capital Resources Company Invests In PureHD

On March 30, 2022, mezzanine finance firm Massachusetts Capital Resources Company invested in communications company PureHD

Investment Highlights
  • This is Massachusetts Capital Resources Company’s 1st transaction in the Communications sector.
  • This is Massachusetts Capital Resources Company’s 24th transaction in the United States.
  • This is Massachusetts Capital Resources Company’s 23rd transaction in Massachusetts.

Investment Summary

Date 2022-03-30
Target PureHD
Sector Communications
Investor(s) Massachusetts Capital Resources Company
Deal Type Growth Capital

Target

PureHD

Sudbury, Massachusetts, United States
PureHD is a provider of commercial satellite TV and Internet streaming services to hospitality, military lodging, education, MDU, and health care facilities. PureHD is based in Sudbury, Massachusetts.

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Investor(S) 1

Investor

Massachusetts Capital Resources Company

Boston, Massachusetts, United States

Investor Investor Investor


Category Mezzanine Finance Firm
Founded 1977
PE ASSETS 700M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Massachusetts Capital Resource Company (MCRC) is a limited partnership privately owned and funded by Massachusetts-based life insurance companies. MCRC provides mezzanine financing for businesses with $3 to $100 million in revenue seeking capital to fund growth, strengthen balance sheets, or complete acquisitions. MCRC will consider investments in technology and non-technology companies seeking capital of $1 to $5 million. MCRC was formed in 1977 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 24 of 34
Sector (Communications) 1 of 1
Type (Growth Capital) 8 of 16
State (Massachusetts) 23 of 33
Country (United States) 24 of 34
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-01 Saylent Technologies

Boston, Massachusetts, United States

Saylent Technologies provides payment intelligence solutions that enable financial institutions to drive account and card usage and increase non-interest income. Saylent Technologies was established in 2006 and is based in Boston, Massachusetts.

Sell $37M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-25 CELLTREAT

Pepperell, Massachusetts, United States

CELLTREAT is a manufacturer of unique, high-quality laboratory plastic consumables used by researchers and scientists in the life sciences industry. CELLTREAT was founded in 2008 and is based in Pepperell, Massachusetts.

Buy -