Direct Digital Holdings, an advertising and marketing technology platform, completed an extension to its existing debt facility. Direct Digital upsized its existing funded credit facility with Lafayette Square, a commercially-scaled investment platform. The facility now totals $26 million.
MidCap and Lafayette Square Provide First Facility as Part of Apollo’s ‘Expanding Opportunity’ Approach
MidCap Financial, in alliance with Apollo Global Management, started a non-exclusive strategic capital relationship with Lafayette Square. In their first joint transaction, Lafayette Square and MidCap Financial Trust agreed to provide a senior secured facility to Zero Waste Recycling.