SLR Credit Solutions Agents Senior Credit Facility for Quantcast
July 09 2024 - 7:00AM
Business Wire
$65 million facility to support global
business expansion
SLR Credit Solutions (“SLR CS”) announced the closing of a $65
million Senior Credit Facility for Quantcast Corporation
(“Quantcast” or the “Company”), a leader in applying artificial
intelligence (AI) to programmatic advertising.
“SLR CS understands the complexities of our business and lending
in foreign jurisdictions, which makes them an ideal partner for
Quantcast as we continue to grow globally,” said Imad Tareen, CFO
of Quantcast. “It was a pleasure working with the firm, and we look
forward to our future relationship.”
Tanner Phifer, Managing Director of SLR CS, added, “Quantcast
was the first to market in bringing machine learning to the digital
advertising space, and as AI becomes increasingly important to
future-proofing advertising technology in all markets, they are
well positioned to continue growing their global customer base. We
are thrilled to invest in Quantcast and this dynamic management
team.”
About SLR Credit Solutions
SLR Credit Solutions (f/k/a Crystal Financial), a portfolio company
of SLR Capital Partners, is a leading provider of direct private
credit focused on originating, underwriting, and managing both
asset-based and cash flow financings from $20 - $150 million to
middle-market companies. Since its inception in 2006, its team of
experienced, responsive professionals have provided more than $4
billion in secured debt commitments across a wide range of
industries. For more information, please visit
www.slrcreditsolutions.com.
About Quantcast Quantcast is
a pioneer in programmatic advertising and leader in applying AI to
the digital advertising landscape. Founded in 2006, the company's
mission is to radically simplify advertising on the open internet.
Brands and agencies of all sizes use the award-winning Quantcast
Advertising Platform to plan, activate, and measure impactful
campaigns based on real-time data.
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version on businesswire.com: https://www.businesswire.com/news/home/20240709256739/en/
SLR CREDIT SOLUTIONS CONTACT Cheryl Carner, Senior
Managing Director & Head of Originations 617-428-8718
ccarner@slrcreditsolutions.com
QUANTCAST CONTACT Neil Ripley, Global Communications and
Content Lead press@quantcast.com