Fund Overview | Overview
BIA Digital Partners is a private investment firm, making both debt and equity investments in middle market companies serving the media and entertainment, telecommunications, and information and business services industries. The firm was originally formed in direct response to the lack of junior capital available for small to medium-sized communications companies. While larger companies can access the public markets, smaller firms have fewer options for a "middle" or junior layer of capital.
BIA Digital Partners invests in private companies with enterprise values typically ranging from $20 to $100 million. Investment size ranges from $5 to $15 million per company, with structures usually taking the form of subordinated debt with warrants to purchase equity securities. In select situations, we may also invest directly in equity securities. BIA DP also considers larger investments of up to $30 million through co-investment from our limited partners or other firms. Typically, our investments are in companies seeking capital for a variety of purposes, including organic growth, acquisitions, leveraged or management buyouts, recapitalizations, and refinancing existing debt.
Having fully invested the first fund of $88 million, BIA Digital Partners is now deploying its second fund of $195 million, further establishing our already solid foundation in the marketplace.
BIA Digital Partners is licensed as a Small Business Investment Company (SBIC) by the U.S. Small Business Administration.