Monroe Capital served as the sole lead arranger and administrative agent for a senior credit facility supporting Battery Ventures’ investment in Signiant, Inc.
Based in Lexington, Massachusetts, Signiant develops technology that enables fast and secure transfer of large media files across the entertainment industry. Its platform is widely used by major film studios, broadcasters, professional sports organizations, and gaming companies to facilitate the movement of high-resolution content.
Battery Ventures, a global investment firm focused on technology and software companies, acquired a stake in Signiant as part of its strategy to back high-growth digital infrastructure businesses. The financial terms of the transaction were not disclosed.
Monroe Capital, headquartered in Chicago, specializes in private credit markets and has been an active lender in the technology and media sectors. The firm has provided financing solutions to companies across North America since 2004.
