Vista Equity Partners LLC's credit-lending arm, Vista Credit Partners, led a $175 million global recapitalization of Meltwater News US Inc., a media intelligence solutions provider, with a direct lending investment.
Meltwater founder and CEO Jorn Lyseggen said the partnership with Vista Credit allows the company to invest in its products and help drive organic growth.
Vista Credit acted as administrative agent and sole lender. Code Advisors advised Meltwater on the financing, while DLA Piper provided legal counsel. Akin Gump Strauss Hauer & Feld LLP represented Vista Credit.