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New Deal


Announced

Completed

Ridgemont Equity Partners completed an investment in Backstage.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
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EV/EBITDA-
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online casting platform

Private

Minority

Acquisition

United States

Digital Services

Private Equity

Single Bidder

Completed

Friendly

Synopsis

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Ridgemont Equity Partners, a middle-market private equity investor, completed an investment in Backstage, the global platform that enables productions, brands, marketing agencies, and businesses to discover and work with highly skilled creative talent. Financial terms of the transaction were not disclosed. “Ridgemont is focused on identifying data, information, and marketing services investments with strong growth prospects across many industries. We are impressed with Backstage’s outstanding leadership team, unparalleled subscriber growth, user engagement, platform traffic, and the vibrant level of activity on each side of its marketplace as content creators of all types engage with creative talent,” Jack Purcell, Ridgemont Partner.

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