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Audax Private Debt Provides Financing to Support Backstage’s Acquisitions of StarNow and The Mandy Network

Mar 10, 2021•over 4 years ago
New York

Description

Audax Private Debt announced that, as Administrative Agent and Lead Arranger, it provided a senior secured credit facility to support add-on acquisitions for Backstage (the “Company”), a portfolio company of TA Associates and online career platform for creative talent. Backstage acquired The Mandy Network, a UK-based talent platform for cast, crew, production services and creative professionals, and StarNow, a New Zealand-based talent platform for actors, models, influencers, and musicians.

Company Information

Company

Backstage

Location

New York, New York, United States

About

Founded in 1960 and headquartered in Brooklyn, New York, Backstage enables productions, brands, marketing agencies and businesses to efficiently discover and work with highly skilled creative talent. The company’s mission is to make the content creation process more efficient, effective and scalable. Backstage fosters career development and economic success for its users by developing and operating dedicated industry-specific profiles, workflow tools and jobs & services marketplaces to serve the unique demands of each creative vertical. To learn more, visit www.backstage.com.

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