SLR Credit Solutions Agents Senior Credit Facility for Fluent, Inc.
2024年5月2日 - 8:00PM
ビジネスワイヤ(英語)
SLR Credit Solutions (“SLR CS”) announced the closing of a $50
million senior credit facility comprised of a revolver and term
loan for Fluent, Inc. (“Fluent” or the “Company”), a leader in
performance marketing, delivering customer acquisition and partner
monetization solutions through its digital media portfolio, global
commerce partnerships, and proprietary data and tech.
Proceeds from the transaction were used to refinance existing
debt and to provide enhanced liquidity for general operations and
growth.
“We are enthusiastic about the strategic and financial role that
our performance marketplaces are playing in our long-term growth
agenda,” said Don Patrick, CEO of Fluent. “The new credit facility
from SLR CS will provide the necessary flexibility for our
transformation and growth over the next 12 months and beyond.”
Tanner Phifer, Managing Director of SLR CS, added, “Fluent is a
market leader and continues to make strategic investments as the
sector evolves. We are excited to be the Company’s financial
partner and to help support their key initiatives.”
About SLR Credit
Solutions
SLR Credit Solutions (f/k/a Crystal Financial), a portfolio
company of SLR Capital Partners, is a leading provider of direct
private credit focused on originating, underwriting, and managing
both asset-based and cash flow financings from $20 - $150 million
to middle-market companies. Since its inception in 2006, its team
of experienced, responsive professionals have provided more than $4
billion in secured debt commitments across a wide range of
industries. For more information, please visit
www.slrcreditsolutions.com.
About Fluent, Inc.
Fluent, Inc. (NASDAQ: FLNT) has been a leader in performance
marketing since 2010, offering customer acquisition and partner
monetization solutions that exceed client expectations. Leveraging
untapped channels and diverse ad inventory across partner
ecosystems and owned sites, Fluent connects brands with consumers
at the most optimal moment, ensuring impactful engagement when it
matters most. Constantly innovating and optimizing for performance,
Fluent unlocks additional revenue streams for partners and empowers
advertisers to acquire their most valuable customers at scale. For
more information visit https://www.fluentco.com/
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version on businesswire.com: https://www.businesswire.com/news/home/20240502525771/en/
SLR CREDIT SOLUTIONS CONTACT Cheryl Carner, Senior
Managing Director & Head of Originations 617-428-8718
ccarner@slrcreditsolutions.com
FLUENT, INC CONTACT Fluent, Inc. Media Relations
marketing@fluentco.com
Fluent (NASDAQ:FLNT)
過去 株価チャート
から 3 2025 まで 4 2025
Fluent (NASDAQ:FLNT)
過去 株価チャート
から 4 2024 まで 4 2025