Bertram Basic has fabricated an advance in Brookfield, Wisconsin-based Best Version Media, a hyper-local media and business company. No banking agreement were disclosed.
SAN MATEO, Calif., Oct. 9, 2018 /PRNewswire/ — Bertram Basic (“Bertram”), a clandestine disinterestedness close targeting investments in middle-market companies, appear today, in affiliation with the Company’s founders, that it has fabricated an advance in Brookfield, Wisconsin-based Best Version Media (“BVM” or the “Company”).
Launched in 2007, BVM is a hyper-local media and business aggregation that serves alone neighborhoods and communities beyond the United States and Canada. The advance in BVM represents the sixth belvedere advance completed by Bertram’s third fund. Agreement of the transaction were not disclosed.
“Bertram Basic is aflame to abutment the avant-garde business archetypal developed by Best Version Media, as it continues to adapt the dynamics of acceptable publishing,” said Ryan Craig, Accomplice at Bertram Capital. “We attending for advance opportunities area our centralized IT group, Bertram Labs, can advice a aggregation abode its technology challenges, get to bazaar faster and amplify its strengths. With BVM, we see a different befalling for the Aggregation to extend its already absorbing ability as a administrator and to aggrandize the portfolio of avant-garde solutions it offers to advertisers and consumers.”
Each month, BVM produces hundreds of micro-targeted magazines, anniversary accurately geared against the interests of individuals aural a bounded community. By acclamation specific, awful targeted communities, about comprised of a few thousand households, the Company’s magazines bear agreeable which resonates with associates of the association in a address agnate to a amusing network, and at the aforementioned time offers a different access for advertisers.
“I would like to admit the aggregation at Best Version Media, led by CEO Dave Durand, for all-embracing our access and accepting the aplomb that our accumulated efforts will aftereffect in significant, abiding advance for BVM,” added Jeff Drazan, Managing Accomplice at Bertram Capital. “We seek advance opportunities that can advantage our differentiated and approved set of operational capabilities, accurately the different agenda business and software ability of Bertram Labs. BVM represents the blazon of advance that absolutely aligns with Bertram’s advance strategy.”
“We are captivated to accomplice with Bertram Capital. Not alone do they accept our Company’s differentiated access to media and marketing, they accompany a abundance of accordant capabilities, including Bertram Labs,” acclaimed Dave Durand, CEO of BVM. “BVM is one of the fastest growing clandestine companies in Wisconsin and amid the fastest growing publishing companies in the United States. Through our affiliation with Bertram, we will be well-positioned to advance our growth.”
About Best Version MediaBest Version Media (“BVM”) is a “hyper local” media and business aggregation confined neighborhoods beyond the United States and Canada with able publications that reflect the integrity, pride and authority of the community. Based in Brookfield, Wisconsin, BVM offers a growing portfolio of solutions aggressive against consumers and advertisers in aerial appulse bounded markets about encompassing a few thousand alone households. The Aggregation works in affiliation with absolute publishers who about alive and assignment anon aural the communities they serve. Founded in 2007, the Aggregation has accustomed abundant awards for its employee-friendly culture, its leadership, and its accelerated growth.
About Bertram CapitalBertram Basic is a clandestine disinterestedness close with over $1.4 billion in committed basic targeting investments in lower average bazaar companies. In accession to bartering cardinal advance capital, Bertram Basic leverages proprietary processes and services, Bertram High-5SM and Bertram Labs, to empower its portfolio companies to alleviate their abounding potential. The Bertram High-5SM is an operationally-focused amount conception strategy, which includes acknowledging management, implementing operational initiatives, accepting commutual businesses, acceptable sales and business efforts, leveraging technology and IP. The cornerstone of this action is Bertram Labs, its centralized technology team, which drives advance and amount through agenda marketing, e-commerce, big abstracts and ytics, appliance development and centralized and alien belvedere optimization. Visit www.bertramcapital.com for added information.
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