Announced
Completed
Synopsis
MidOcean Partners, an alternative asset manager, completed the acquisition of GSTV, the national on-the-go video network, from Rockbridge Growth Equity, a private equity firm. Financial terms were not disclosed. “We’re thrilled to partner with MidOcean to accelerate GSTV’s next phase of growth. The convergence of digital video, retail media, and data-driven advertising presents an extraordinary opportunity – and GSTV sits at the center of that evolution. MidOcean’s strategic insight, operating experience, and track record in scaling media platforms make them the ideal partner as we expand our national footprint, deepen our retail and programmatic capabilities, and continue delivering measurable impact for our brand partners,” Sean McCaffrey, GSTV CEO.
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