Portfolio | Fund II

Media and Entertainment

Creative Loafing
www.creativeloafing.com
Tampa, Florida
Creative Loafing publishes free weekly alternative newspapers in the Atlanta, Charlotte, Chicago, Sarasota, Tampa, and Washington DC markets and runs several websites including www.creativeloafing.com, www.straightdope.com, www.chicagoreader.com, and www.washingtoncitypaper.com.
Transaction Description - Acquisition
In 2007, BIA Digital Partners provided capital to Creative Loafing for the acquisition of two alternative newspapers, the Chicago Reader and the Washington City Paper, and to refinance existing debt.

EyeWonder, Inc
www.eyewonder.com
Atlanta, Georgia
EyeWonder is a leading provider of online video and rich media advertising products and services.
Transaction Description - Growth Capital
In 2007, BIA Digital Partners provided capital to EyeWonder allowing the Company to extend its offerings in the in-stream, wireless and emerging digital advertising platforms and also to capitalize on expansion opportunities here in the U.S. and abroad.

Hoffman Media, LLC
www.hoffmanmedia.com
Birmingham, Alabama

Hoffman publishes magazines with titles serving food, craft, home, and leisure segments.
Transaction Description - Management Buyout / Growth Capital
In 2006, BIA Digital Partners provided capital to Hoffman for the purchase of equity from an investor and for expansion.

Telecommunications

Willamette Broadband, LLC
www.wbcable.com
Woodburn, Oregon
Willamette provides high-speed internet and cable television to predominantly suburban markets in Oregon.
Transaction Purpose - Recapitalization / Growth Capital
In 2006, BIA Digital Partners provided capital to Willamette for the refinancing of existing debt and to complete a system upgrade.
Exited December 2007

Business and Information Services

Eli Research, Inc
www.eliresearch.com
Durham, North Carolina
Eli is a research and information company with more than 120 print and online publications, teleconferences and audio learning products, primarily for the healthcare sector and secondarily for law and litigation and financial services. Through its subsidiary, American Academy of Professional Coders, or AAPC, Eli is the lead provider of education, examinations, and certifications to the medical coding profession.
Transaction Purpose - Growth Capital
In 2007, BIA Digital Partners provided capital to Eli Research to help finance its strategic initiatives.

FMW, Inc. (Fanfare)
www.fanfaremedia.com
Valencia, California
Fanfare Media offers local merchants and service providers, as well as franchisees of national companies, a suite of targeted advertising products and services which are distributed through a national network of 9,500 supermarkets. The company's largest products are Register Tape Network, Adcart, Publications and Market Information Centers.
Transaction Description - Recapitalization/Growth Capital
In 2007, BIA Digital Partners provided capital to FMW, Inc to support its strategic initiatives.

Trio Video, LLC
www.triovideo.com
Chicago, Illinois
Trio provides mobile television production facilities and services for broadcast and cable clients, entertainment companies, professional sports teams, and major corporations.
Transaction Purpose - Growth Capital
In 2006, BIA Digital Partners provided capital to Trio for the construction of an additional mobile television production unit.

United Metro Media, LLC
www.jobnewsusa.com
Louisville, Kentucky
United Metro Media (dba Job News) provides localized help-wanted advertising services through free print publications, websites, broadcasting, and career fairs.
Transaction Description - Management Buyout / Growth Capital
In 2007, BIA Digital Partners provided capital to Job News for the buyout of an investor and for the further expansion of the company's web product.