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Columbia Capital, Rho Ventures Invest In Mandalay Sports Media

Private equity firms Columbia Capital and Rho Ventures completed an undisclosed investment in Mandalay Sports Media that will allow the year-old company to grow its content business and acquire some sports media entities – including programming or companies – and invest in others. As part of the investment, Columbia Capital and Rho Ventures will take minority equity stakes in Mandalay Sports Media. Columbia Capital partner Jeff Patterson and Rho Ventures Managing Partner Mark Leschly will join the company's BOD.

See today’s issue of THE DAILY for more.

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