Macquarie Asset Management Invests in Pavlov Media

Macquarie Asset Management Invests in Pavlov Media

Pavlov Media Inc. was founded in 1994, primarily provides broadband services to multi-dwelling units (MDUs) under bulk agreements with the MDU landlords. Pavlov Media currently focuses on off-campus student housing and today serves approximately 800 MDU buildings, which have over 275,000+ beds, across more than 150 markets in the U.S. and Canada. Pavlov Media connects these buildings to its national backbone through its owned last-mile fiber network or third-party circuits.

A fund managed by Macquarie Asset Management made a preferred equity investment in Pavlov Media.

Advisors

Lazard acted as sole financial advisor to Pavlov Media and Hogan Lovells acted as Pavlov Media’s legal counsel.

Morgan Stanley & Co. LLC acted as sole financial advisor to an affiliated investment fund of Macquarie Asset Management and Kirkland & Ellis LLP acted as their legal counsel.

#realestate #investing #media

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