Monroe Capital Supports MidOcean Partners’ Acquisition of GSTV

Monroe Capital Supports MidOcean Partners’ Acquisition of GSTV
Monroe Capital LLC has announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility and equity co-investment to support the acquisition of GSTV by MidOcean Partners, a premier New York-based alternative asset manager specializing in middle-market private equity.
Founded in 2005 and headquartered in Detroit, MI, GSTV is the national on-the-go video network engaging and entertaining targeted audiences at scale across tens of thousands of fuel retailers. The Company engages over 115 million monthly high-intent viewers at fuel and convenience retail locations, delivering targeted, full-sound video advertising to consumers at a key moment on their path to purchase. GSTV provides contextually relevant video advertising supported by advanced data and analytics. The network reaches high-intent audiences at scale, helping major brands drive immediate consumer action and build lasting brand equity.
Read full press release here.