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Portfolio | Fund I

Media and Entertainment


Centennial Broadcasting, LLC
Winston-Salem, North Carolina

Centennial owns and operates radio stations in southwestern Virginia. Formats include classic rock, oldies, and talk.

Transaction Description - Acquisition
In 2006, BIA Digital Partners provided capital to Centennial for its acquisition of additional radio stations.

Exited in April 2009.


Convergent Broadcasting, LLC
www.convergentcc.com
Corpus Christi, Texas

Convergent owns and operates classic radio stations in southeastern Texas. Formats include classic rock, mix/top 40, and talk.

Transaction Description - Acquisition
In 2004, BIA Digital Partners provided capital to Convergent for its acquisition of additional radio stations.


Specialty Cinema, LLC
www.destinationcinema.com

Ogden, Utah

Specialty Cinema (dba Destination Cinema) owns and operates large-format theaters in tourist locations throughout North America.

Transaction Description - Acquisition
In 2005, BIA Digital Partners provided capital to Specialty Cinema for the acquisition of Destination Cinemas, Inc.

Exited in January 2008.


Hoffman Media, LLC
www.hoffmanmedia.com
Birmingham, Alabama

Hoffman publishes magazines serving food, craft, home, and leisure segments.

Transaction Description - Acquisition / Growth Capital
In 2004, BIA Digital Partners provided capital to Hoffman for the acquisition of a leading consumer publishing competitor and for the launch of four additional magazines.

Exited in December 2009.


Lifestyle Media, Inc. (now part of Macfadden Performing Arts Media, LLC)
www.dancemedia.com
New York, New York

Lifestyle publishes magazines with titles serving dance, spirit, and youth sports segments

Transaction Description - Management Buyout
In 2003, BIA Digital Partners partnered with Lifestyle's management, a senior lender, and several private equity investors to purchase the Company from its founder.


Marquee Cinemas, Inc.
www.marqueecinemas.com
Beckley, West Virginia

Marquee owns and operates movie theaters, primarily in the Southeastern and Mid-Atlantic United States.

Transaction Description - Growth Capital
In the 2003, BIA Digital Partners provided capital to Marquee for the expansion of its theater locations.

Exited in April 2009.

Telecommunications


Allegiance Communications, LLC
www.allegiance.tv
Tyler, Texas

Allegiance is a rural cable operator providing video, high-speed data, and voice services to subscribers in Oklahoma, Kansas, Missouri, and Texas

Transaction Description - Growth Capital
In 2005, BIA Digital Partners provided capital to Allegiance to upgrade existing cable plants, expand into less penetrated areas, and introduce additional services.


NTC Communications, LLC
www.ntc-com.com
Harrisonburg, Virginia

NTC provides high-speed internet, cable television, and telephony services to college students in large off-campus apartment complexes.

Transaction Description - Growth Capital / Acquisition
In 2002, BIA Digital Partners provided capital to NTC for the expansion of its services to other university sites in the Mid-Atlantic and Southeastern regions. In 2004, BIA Digital Partners provided additional capital to NTC for an acquisition and for continued expansion.

Exited December 2004.


Towers of Texas, Inc.
www.towersoftexas.com
Sandia, Texas

Towers of Texas owns and operates a large cluster of cellular and PCS towers in the southwestern United States.

Transaction Description - Recapitalization / Growth Capital
In 2003, BIA Digital Partners partnered with a senior lender to provide capital to Towers of Texas to allow the owner to take some cash out of the business and for the development and acquisition of additional towers.

Exited January 2005.


Trillion Digital Communications, Inc. (now part of Trillion Partners)
www.trillionpartners.com
Bessemer, Alabama

Trillion provides broadband communications and connectivity services, primarily to rural markets in the United States. The Company's customer base is primarily comprised of educational institutions and secondarily commercial and municipal organizations.

Transaction Description - Growth Capital
In 2002, BIA Digital Partners provided capital to Trillion for the build out of new customers and to establish a sales and marketing team.

Exited in July 2008.


TVC Albany, Inc.
www.techvalleycom.com
Albany, New York

Tech Valley is a regional, facilities-based competitive local exchange carrier (CLEC) providing voice and data services to enterprises and educational institutions.

Transaction Description - Refinancing / Growth Capital
In 2004, BIA Digital Partners provided capital to Tech Valley to refinance existing debt and to expand.

Business and Information Services


HCPro, Inc.
www.hcpro.com
Marblehead, Massachusetts

HCPro provides information on regulatory compliance for the healthcare industry through newsletters, books, videos, audio conferences, e-learning education products, seminars, and consulting services.

Transaction Description - Management Buyout
In 2002, BIA Digital Partners partnered with HCPro management, a senior lender, and a private equity provider to purchase HCPro from its founders.

Exited in March 2005.


HealthWatch, Inc.
www.health-watch.com
Cherry Hill, New Jersey

HealthWatch provides personal responses systems ("PRS") and monitoring services to medically at-risk elderly and disabled individuals.

Transaction Description - Management Buyout / Growth Capital
In 2004, BIA Digital Partners partnered with HealthWatch management, a senior lender, and the Company's financial advisor to purchase the Company.

Exited May 2007.


Protect America, Inc.
www.protectamerica.com
Round Rock, Texas

Protect America provides residential security monitoring.

Transaction Description - Growth Capital / Refinancing
In 2003, BIA Digital Partners provided capital to Protect America to refinance existing debt and for expansion.

Exited in January 2010.


Sound Lounge, LLC
www.soundlounge.com
New York, NY

Sound Lounge is a leading independent company providing audio post-production services for television and radio commercials.

Transaction Description - Recapitalization
In 2005, BIA Digital Partners provided capital to Sound Lounge to provide liquidity to its investors.


Zweig White Information Services, LLC
www.zweigwhite.com
Chicago, Illinois

Zweig White provides information services to the architecture, engineering, and construction markets through magazines, newsletters, research papers, events, conferences, and consulting services.

Transaction Description - Growth Capital / Refinancing
In 2005, BIA Digital Partners provided capital to Zweig White to refinance existing debt and for expansion.