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Rockbridge Growth Equity Sells Minority Stake in GSTV to MidOcean Partners

Apr 21, 20253 months ago

Contract Type

partnership

DetroitAngel InvestmentVenture Capital

Description

Rockbridge Growth Equity has sold a minority stake in GSTV to MidOcean Partners, while retaining a partnership with GSTV. GSTV is a data-driven, national video platform available at fuel and convenience retailers nationwide, aimed at entertaining targeted audiences and driving immediate purchase decisions for advertisers.

Company Information

Company

Rockbridge Growth Equity

Location

Detroit, Michigan, United States

About

Rockbridge Growth Equity is a partnership-oriented middle market private equity firm. Founded in 2007, it focuses on building and growing companies through strategic investments. The firm leverages its relationship with the Rock Family of Companies for industry expertise. It aims to help both founder-operated and established companies accelerate growth.

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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