Matthew Calvano

Adaptive is a digital media and Lithuanian video communications company that provides dynamic digital ad insertion and video streaming media hardware and proprietary processing software for the cable TV, satellite, and IPTV markets. The private company also provides high-speed fixed wireless internet service via a network of hybrid access points and micro pops. Adaptive exclusively sells all available advertising space in each market it has contracted, while maintaining complete technology ownership. The company has implemented a unique and advantageous profit-sharing model with its cable TV partners. Adaptive's technology and business model allow it to dynamically and economically serve over 200 designated marketing areas in approximately 34 states. The company was founded by Matthew Calvano, who has been the CEO since incorporation.

KSL Advisors LLC ( KSL Advisors) is a private equity firm founded in 2005 by Mike S. Shannon and Eric C. Resnick. The firm is headquartered in Denver, Colorado.

Morgan Stanley & Co. LLC is a registered broker-dealer subsidiary of Morgan Stanley Domestic Holdings, Inc., ultimately owned by Morgan Stanley (NYSE: MS) in the US. Headquartered in New York City, the firm was founded in 1987 and provides debt and equity services including underwriting, M&A advice, securities dealing and brokerage and trade execution. Their client base ranges from large global institutional investors to hedge funds at the cutting edge of innovation in the industry.