Announced
Completed
Financials
Tags
online casting platform
Private
Minority
Acquisition
United States
Digital Services
Private Equity
Single Bidder
Completed
Friendly
Synopsis
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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