Pavlov Media Announces Investment from Macquarie Asset Management
NEW YORK, March 28, 2023 /PRNewswire/ -- Pavlov Media announced today that is has closed on an investment transaction with Macquarie Asset Management ("MAM"), the world's largest infrastructure manager.1 A fund managed by MAM ("the Fund") has made a preferred equity investment in Pavlov Media Inc. ("Pavlov Media" or the "Company"), one of the largest independent providers of fiber-based Internet connectivity to off-campus student housing in the United States.
- NEW YORK, March 28, 2023 /PRNewswire/ -- Pavlov Media announced today that is has closed on an investment transaction with Macquarie Asset Management ("MAM"), the world's largest infrastructure manager.1 A fund managed by MAM ("the Fund") has made a preferred equity investment in Pavlov Media Inc. ("Pavlov Media" or the "Company"), one of the largest independent providers of fiber-based Internet connectivity to off-campus student housing in the United States.
- "We look forward to partnering with the Pavlov Media management team to support the future growth of the business."
- "I'm very proud to announce this new partnership with Macquarie Asset Management," said Mark Scifres, Chairman and CEO of Pavlov Media.
- Morgan Stanley & Co. LLC acted as sole financial advisor to an affiliated investment fund of Macquarie Asset Management and Kirkland & Ellis LLP acted as their legal counsel.