Site 20/20 secures strategic growth investment from New Mountain Capital and Energy Impact Partners to enhance technology development and product offerings.

Aug 12, 2024•over 1 year ago

Investment Management

Investors

Energy Impact PartnersNew Mountain Capital

Description

Site 20/20 announced a new strategic growth investment aimed at accelerating its technological development and AI capabilities. This investment will help the company expand its product offerings in the traffic control and road safety sector.

Company Information

Company

53-asset net lease portfolio

Location

1633 Broadway

About

The net lease portfolio consists of preexisting long-term leases with 11 institutional-quality tenants, spanning 16 states in the US, as well as additional assets in Canada, the UK, and Germany. This portfolio primarily includes mission-critical manufacturing assets across sectors such as food products, industrial machinery, and pharmaceuticals. It represents a significant acquisition for New Mountain's investment strategy.

Related People

3 contacts

Funding Insights

Based on industry data

VC-backed spending patterns