NRG Media Closes Equity Deal With Cyrus Capital
April 8, 2014 at 8:04 AM (PT)
NRG MEDIA, LLC announced the completion of the change in equity investors with a new partnership between NRG and CYRUS CAPITAL PARTNERS, which actively invests in debt and equity securities on a global basis. CYRUS has approximately $4 billion in assets under management and its investor base is comprised of sophisticated long term institutional and high net worth investors.
NRG CEO MARY QUASS said, "We look forward to a long relationship with CYRUS CAPITAL PARTNERS and wish to thank WAITT MEDIA and McCARTHY CAPITAL for their support over the last nine years."
NRG MEDIA's leadership is unchanged, with QUASS continuing as CEO with her core team of CHUCK DuCOTY as COO, and JIM SMITH as CFO.