Novacap Partners with Static Media to Accelerate Digital Media Growth
April 4, 2023
Novacap, a North American private equity firm, has entered a partnership with Static Media, an Indianapolis-based digital media company, marking the third platform acquisition for Novacap's TMT VI fund. The investment will support Static Media's strategy to scale its portfolio of content brands (more than 100 million monthly sessions) and pursue growth through M&A while leveraging its proprietary technology stack.
- Buyers
- Novacap
- Targets
- Static Media
- Industry
- Media & Entertainment
- Location
- Indiana, United States
- Transaction Type
- Buyout
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