Novacap to invest in Static Media.

Novacap, a North American private equity firm, agreed to invest in Static Media, an Indianapolis-based company that owns and operates a portfolio of unique and passion-driven digital media brands. Financial terms were not disclosed. The partnership with Novacap further enables the company to deliver on its strategy of growing its content leadership in existing and new verticals. Static Media will continue to utilize its proprietary technology stack to support content creation and go-to-market strategies.