![Project Iridescence](https://s33007.pcdn.co/wp-content/uploads/2021/07/Project-Iridescence.jpg)
Debt financing supporting the acquisition of a global financial markets platform and news website
Iridescence was acquired by a multi-million dollar Middle Market Sponsor focused on the technology sector with a preference for global assets that have strong market positioning and differentiated underlying intellectual property. The Sponsor maintains a presence across the U.S., Europe, and Asia and targets controlled investments with ~$200 million to ~$2 billion in enterprise value.