Private investment firm backs digital-first media and entertainment company.
LOS ANGELES, July 2015 – Breakwater Management, LP (“Breakwater”) is pleased to announce the recent closing of a growth capital investment in Zealot Networks, Inc. through the Breakwater Credit Opportunities Fund, LP. Based in Los Angeles, Breakwater is a private investment firm that specializes in direct debt and equity investments in leading growth companies.
“As we grow Zealot Networks into a leading digital media and entertainment company, it’s important for us to align with partners who understand our unique business model both on the creative and financial fronts – and Breakwater proved to be that financial partner for us,” said Danny Zappin, President and CEO of Zealot Networks.
Bob Vanech, CFO of Zealot Networks, added: “Breakwater has been extremely flexible and creative in its approach, and we’re looking forward to building a long-term partnership with the firm.”
“We are thrilled to provide this capital infusion to Zealot Networks and support its continued growth,” said Eric Beckman, Managing Partner at Breakwater. “Zealot Networks’ senior managers are pioneers in the world of digital media, and the company has assembled a portfolio of fast-growing and profitable media businesses, spanning content creation to end-market delivery.”
Breakwater Management is a private investment firm that makes direct equity and debt investments in leading lower middle market growth companies. The firm aligns itself with committed management teams, owners, and sponsors, providing both capital and operating expertise to propel emerging businesses into their growth curve. Breakwater is a diversified alternative asset manager that offers independent and institutional investors access to multiple investment vehicles that serve the lower middle market’s growth capital needs.
To learn more about Breakwater, visit www.breakwatermgmt.com or call (424) 777-4000.
Zealot Networks, Inc. is a digital-first media and entertainment company that empowers entrepreneurs and creators. The company is poised to lead the next chapter in the ongoing evolution of digital media with its new holistic approach to connecting entrepreneurs with brands and like-minded communities based on transparency, ingenuity and experience. Zealot Networks is a privately funded company led by a well-rounded, talented team who share the same values and vision: Co-founded by President and CEO Danny Zappin; CFO Bob Vanech; CSO Conn Fishburn and CMO Chad Seymour. For more information, please visit www.zealotnetworks.com.
PDF of this Press Releasea