Ridgemont Equity Partners, a middle market private equity investor, announced the closing of 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,” said Jack Purcell, Partner at Ridgemont. “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.”