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Published on 11/27/2017 in the Prospect News Bank Loan Daily.

Marlin Equity affiliates secure debt financing to acquire Bazaarvoice

By Marisa Wong

Morgantown, W.Va., Nov. 27 – BV Parent, LLC and subsidiary BV Merger Sub, Inc., formed by affiliates of Marlin Equity Partners, have secured committed financing to fund their acquisition of Bazaarvoice, Inc., according to an 8-K filing with the Securities and Exchange Commission.

The financing includes debt financing from Golub Capital Markets LLC under a commitment letter entered into on Nov. 26 as well as equity provided by investment funds affiliated with Marlin.

The Marlin entities will acquire Bazaarvoice for about $521 million.

The merger is not conditioned on the financing, the filing noted.

The transaction is expected to close in the first quarter of 2018.

Marlin is a global investment firm based in Los Angeles. Bazaarvoice is a targeted advertising company based in Austin, Texas.


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