Daily News: August 8, 2012

US Capital’s Affiliated Investment Firm Closes WebXU Financing


US Capital Partners’ affiliated firm Breakwater Investment Management, LLC has provided senior secured bridge financing for Internet media company WebXU, Inc.

US Capital Partners is a provider of debt and equity financing for small and lower middle-market businesses. The company is a division of Breakwater, a private investment firm that specializes in direct investments in small to lower middle-market growth businesses.

“WebXU approached us for a bridge loan and for growth capital financing, following its successful acquisition of Lot 6 Media, LLC,” said Jeffrey Sweeney, CEO and managing director at US Capital Partners. “At US Capital Partners, we always look for the best possible financing solution for our clients. In this case, we were able to arrange financing ourselves, by referring the company to Breakwater.”

WebXU, Inc. is a growing Internet media company headquartered in Los Angeles, CA. The company owns and operates a network of consumer websites and businesses focused on e-commerce, customer acquisition and social media.