Capital Southwest completed an investment in Clickbooth.com, a portfolio company of Centre Lane Partners. The investment is a first lien term loan and revolving credit facility utilized to support the company’s growth initiatives. Capital Southwest served as the sole administrative agent on the credit facility. Main Street Capital was a co-investor in the term loan.
“We are pleased to have the opportunity to partner with Centre Lane on another transaction this year, and to support Clickbooth’s growth initiatives,” said Josh Weinstein, managing director of Capital Southwest. “Clickbooth has a unique technology platform allowing it to provide advertising clients access to its network of online publishers, giving the advertising clients attractive, performance based digital marketing opportunities.”
Clickbooth, headquartered in Sarasota, FL, is an online advertising provider utilizing a proprietary performance marketing exchange focused on cost-per-action marketing.
Capital Southwest is a Dallas-based, internally managed business development company with approximately $293 million in net assets as of September 30, 2017.