Great Hill Partners Acquires Storyblocks

Blackstone GP Stakes Acquires Minority Stake in Great Hill Partners

November 12, 2021

Financial Services

Funds managed by Blackstone GP Stakes have acquired a minority ownership interest in Boston-based private equity firm Great Hill Partners. The minority investment is intended to support Great Hill’s continued growth and investment strategy; Evercore served as financial advisor to Great Hill while Kirkland & Ellis and Fried Frank served as legal counsel to Great Hill and Blackstone, respectively.

Great Hill Partners Acquires Majority Stake in notonthehighstreet

February 9, 2021

E-Commerce

Boston-based growth equity firm Great Hill Partners has acquired a majority stake in UK curated online marketplace notonthehighstreet, with existing investors Burda Principal Investments and Industry Ventures remaining as shareholders. The investment will support the company’s rapid growth by expanding its marketplace reach, accelerating its tech and product roadmap, and developing new product categories and discovery capabilities for customers and small-business partners.

HubSpot Acquires Starter Story

February 23, 2026

Media & Entertainment

HubSpot has acquired Starter Story, the entrepreneur-focused media brand founded by Pat Walls, in a deal that marks a full exit for Walls. Starter Story will join HubSpot Media and continue operating under its own brand while gaining HubSpot's distribution and media infrastructure; financial terms were not disclosed.

Nexstar Acquires The Hill for $130 Million

August 20, 2021

Media & Entertainment

Nexstar Media Inc., a wholly-owned subsidiary of Nexstar Media Group, Inc., acquired political digital media platform The Hill for $130 million (plus working capital adjustments). The acquisition expands Nexstar's digital content portfolio and audience reach, pairing The Hill's political news platform with Nexstar's national and local distribution channels to drive advertising and monetization opportunities.

Scholastic Invests in 9 Story Media Group

June 21, 2024

Media & Entertainment

Scholastic has completed its previously announced investment in 9 Story Media Group, acquiring 100% of the economic interest and a minority of voting rights for CAD $250 million (approximately USD $182 million). The deal (signed March 2024, closed June 21, 2024) brings 9 Story's production, distribution and licensing capabilities into Scholastic to expand its content creation, global distribution and merchandising opportunities; sellers included an affiliate of private equity firm ZMC and other selling shareholders.

Great Hill Partners Invests in Blue Ridge to Accelerate Growth

September 21, 2021

Cloud & SaaS

Boston-based private equity firm Great Hill Partners has made a strategic growth investment in Blue Ridge, a cloud-native supply chain planning and price optimization platform headquartered near Atlanta. The investment will fund product development, expansion across the U.S. and Europe, and accelerate go-to-market efforts; financial terms were not disclosed. Vocap Partners, the former majority shareholder, was the selling party and Lightning Partners served as Blue Ridge's financial advisor.