News: 2015


B Media Group Completes Acquisition of Showtime Outdoor Media and Financing with Crestline Specialty Lending

• Posted in Seaport News

NEW YORK, NY. – December 23, 2015 – Seaport Capital Partners ("Seaport") announced today that B Media Group (the “Company”), a Seaport portfolio company, has completed the acquisition of Showtime Outdoor Media, a billboard operator on Puerto Rico.  Crestline Specialty Lending led the debt financing, which included a new term loan and a revolving credit facility, to finance the acquisition.  The proceeds of the debt financing were used to fund the purchase of Showtime, refinance outstanding debt, support the Company’s continued growth, and for other corporate purposes.

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Municipal Communications Completes a Second Sale of Tower Assets to SBA Communications

• Posted in Seaport News

ATLANTA, GA. – December 10, 2015 – Municipal Communications (“Municipal”) announced today that it has completed the sale of an undisclosed number of cellular towers to SBA Communications.  The proceeds from the transaction will be used to support Municipal’s growth as it continues to develop wireless facilities across the United States.

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Seaport Capital Announces Sale of Net Access

• Posted in Portfolio News

New York, NY – December 1, 2015 – Seaport Capital, a private equity firm focused on investments in communications, information and business services companies, announced the sale of its portfolio company, Net Access, to Cologix, Inc.  Net Access is a leading provider of data center and workspace recovery services in the Northern New Jersey and Metro New York market.  Cologix, Inc. is a network neutral interconnection and data center company operating 24 data centers in 9 markets post the Net Access transaction.

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FTJ FundChoice Surpasses $5 Billion in Assets under Administration, Achieves Record AUA Growth of 81.9% Over 3 Year Period

• Posted in Portfolio News

CINCINNATI, OH – October 28, 2015 – Success continues for FTJ FundChoice as the Firm today announced that it now invests over $5 billion on behalf of its financial advisor clients. FTJ FundChoice, a national turnkey asset management program (TAMP) headquartered in Cincinnati, OH, credits its record growth to an enhanced customer service model, the launch of its investment management and reporting technology platform Market Movement Strategies, and the success of its Three Mandate Investment Process.

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Cologix To Acquire New Jersey Data Center Company Net Access

• Posted in Seaport News

Cologix’s 10th acquisition adds new market and significant scale to rapidly growing North American platform.

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Logicworks Achieves APN DevOps Competency from AWS

• Posted in Portfolio News

Achievement recognizes automation-driven approach to cloud management

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Logicworks Announces International Expansion

• Posted in Portfolio News

Extends cloud automation and managed services to European market

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Logicworks Achieves AWS Managed Service Partner Status

• Posted in Portfolio News

Designation recognizes expertise in infrastructure design, security and DevOps

Logicworks, an Amazon Web Services (AWS) Premier Consulting Partner in the AWS Partner Network (APN), today announced that it recently achieved AWS Managed Service Provider Partner status. The new distinction means Logicworks joins a select group of AWS partners that have passed a rigorous third-party audit designed to validate excellence in AWS Cloud design, migration and management.

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Atmosera Joins Microsoft CSP Program

• Posted in Portfolio News

Clients benefit from the power of Microsoft cloud offerings with the experience and 24x7x365 support of an established managed cloud provider.

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EasyStreet Announces Corporate Name Change

• Posted in Portfolio News

EasyStreet, a Northwest technology leader for 20 years, announced today that it is changing its corporate name to Atmosera and consolidating all Internet Service Provider (ISP) services under the EasyStreet brand. All hybrid cloud solutions, colocation, and managed services now reside under the Atmosera name. The name change reflects the company’s focus on hybrid managed solutions and its expertise in driving the innovations needed to shape the future of how mission critical applications are deployed and operated.

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