HW Media, the parent of HousingWire, has received acquisition capital from an investment by Capital Alignment Partners.
The amount was undisclosed.
Nashville-based Capital Alignment Partners partnered with the existing management team to provide senior and subordinated debt to support the company’s growth strategy. The investment refinanced the existing lender and provided additional liquidity to support HW Media’s continued organic and future acquisition growth.
“At HW Media, I’ve made a personal and professional commitment to continuous improvement – for myself, for our team, and for the housing professionals we serve,” said CEO Clayton Collins in a statement. “That commitment requires having the right partners at the table.”
Last month, HW Media acquired The Builder’s Daily, for an undisclosed amount.