Macquarie Asset Management Invests in Pavlov Media
Posted on 04/01/2023
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.
