SurveyMonkey plans new debt financing for buyout by an investor group

By Sara Rosenberg

New York, April 21 - SurveyMonkey is getting new debt financing to help fund its acquisition by an investor group, according to a news release.

Bank of America, CIT and NewStar Financial are providing the new debt.

Under the buyout agreement, an investor group led by Spectrum Equity Investors and including Bain Capital Ventures has entered into an agreement to acquire a majority interest in the company.

SurveyMonkey is a Portland, Ore.-based provider of online survey services.

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