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

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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Seaport Capital Announces Sale of Net Access

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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Seaport Capital Portfolio Company FTJ FundChoice Completes Successful Recapitalization

NEW YORK, NY. – February 25, 2015 – Seaport Capital Partners ("Seaport") announced today that FTJ FundChoice, LLC (the "Company"), a Seaport portfolio company, has completed a successful recapitalization.  Madison Capital Funding led the recapitalization, which included a new term loan and a revolving credit facility.  The proceeds of the recapitalization were used to refinance outstanding debt, support the Company's continued growth, and fund a cash distribution to equity holders.

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