WhiteHorse Capital Provides Financing to Trailhead Media
February 12, 2025 – WhiteHorse Capital acted as Sole Lead Arranger of a First Lien Credit Facility in support of a shareholder dividend and to refinance existing credit facilities for Trailhead Media LLC (“Trailhead” or “the Company”), which has been a portfolio company of Viking Global Investors (“Viking”) since 2020. Trailhead is an out-of-home advertising company operating a network of static and digital billboard structures in the Southeast to a diverse base of customers.
Matt Burke, Managing Director at WhiteHorse Capital added, “We are excited to support Viking and Trailhead as they look to execute on a successful growth strategy.”
About Trailhead
Founded in 2020 and headquartered in Laurel, Mississippi, Trailhead is an out-of-home advertising company operating a network of static and digital billboard structures. The Company maintains approximately 1,500 billboards across Georgia, Alabama, Mississippi, and other states in the Southeast. For more information, please visit https://www.trailheadmedia.com/about.
About WhiteHorse Capital
WhiteHorse Capital offers flexible, creative lending solutions to middle market companies across a wide range of industries, including Telecom, Media and Technology, Healthcare, Business Services and Financial Services. WhiteHorse has a broad investment mandate and provides senior and subordinated debt for refinancings, growth capital, acquisitions, buyouts, and balance sheet recapitalizations. WhiteHorse professionals, across the U.S. and Europe, have extensive experience and a proven track record of providing creative financing structures and employing a long-term relationship-oriented portfolio management philosophy. For more information, please visit our website at www.whitehorse.com.