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MidCap Financial Provides $250MM Revolving Credit Facility to Vericast

May 20, 2021, 08:05 AM
Filed Under: Marketing
Related: MidCap Financial

MidCap Financial provided a $250 million senior revolving credit facility to Vericast Corp., a marketing solutions provider that directly influences consumer purchasing and transaction behavior at scale. The MidCap Financial credit facility refinanced the company’s prior credit facility and will provide for the company’s go-forward working capital needs.

Incorporated in 2005 and headquartered in San Antonio, Texas, Vericast is a leading marketing solutions company, delivering actionable insights and expertise through its Valassis and Harland Clarke omnichannel solutions, to help more than 70,000 businesses engage with their customers.  Every day, Vericast influences purchasing and transaction behavior of more than 120 million households – impacting where they eat, shop, buy, save and borrow.

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