Capital Southwest provided Mountaingate Capital with a senior secured first lien term loan and delayed draw facility (in which East West Bank was a co-lender) in support of its investment in Acceleration Partners. East West Bank also provided a revolver.
“We are thrilled to partner with Mountaingate on another digital marketing services business through its investment in Acceleration Partners,” Douglas Kelley, managing director of Capital Southwest, said.
“Acceleration Partners’ management team has earned a remarkable reputation as the leader in the partner marketing industry,” Ryan Kelly, principal of Capital Southwest, said. “Acceleration Partners helps brands efficiently grow their online marketing partnerships, and we’re pleased to support Mountaingate’s vision of scaling the company as they’ve done with their other marketing services platforms.”
Headquartered in Needham, MA, Acceleration Partners is a global partner marketing agency.