Bison Capital Makes Growth Recapitalization Investment in Ocean Media

Crestline Investors and Seaport Capital Invest in bMedia Group

December 13, 2022

Media & Entertainment

Crestline Investors and existing investor Seaport Capital made a significant ownership investment in bMedia Group, Puerto Rico's leading out-of-home (OOH) media company. The capital injection will support bMedia's continued organic and inorganic growth, including expansion of its digital billboard network.

Empower Media and Ocean Media Merge to Form Empower Ocean Media Group

September 2, 2025

Media & Entertainment

Independent agencies Empower Media and Ocean Media have merged to create Empower Ocean Media Group, becoming the second-largest independent media agency group in the U.S. The combined business will manage approximately $1.5 billion in media billings, centralize technology and procurement, and operate with ~400 professionals across New York, Los Angeles and Chicago to deliver expanded media-buying scale and data-driven capabilities.

Bow River Capital Recapitalizes Ocean Tomo

April 16, 2020

Professional Services

Bow River Capital completed a recapitalization of Ocean Tomo, taking a meaningful investment while Ocean Tomo's existing equity owners retain a significant stake. Sinofaith IP Group also increased its prior investment; the capital will support Ocean Tomo's expansion from IP-only services to broader IP-driven valuation, investment banking offerings and follow-on acquisitions.

Boyne Capital Acquires AC Business Media

August 30, 2018

Media & Entertainment

Boyne Capital has partnered with management to acquire AC Business Media, a Fort Atkinson, Wisconsin–based business-to-business media and business intelligence company, purchasing a majority stake from prior owners Anil Narang and Carl Wistreich (who remain minority owners). Boyne will work with new CEO Barry Lovette and the existing management team to invest in products and capabilities and expand AC Business Media's audience across its portfolio of digital properties, trade shows, magazines, webinars and data-driven marketing offerings.

CVC and TA Acquire Vista's Stake in Mediaocean

August 31, 2021

Cloud & SaaS

Funds advised by CVC Capital Partners and TA Associates are acquiring the stake in Mediaocean held by Vista Equity Partners, in a transaction expected to close in Q4 2021 subject to regulatory approvals. The investment will support Mediaocean's growth and continued product consolidation of its omnichannel advertising platform, following recent acquisitions including Flashtalking and 4C.

OceanSound Partners Recapitalizes Netrix, LLC

August 6, 2020

IT Services

OceanSound Partners, a New York-based private equity firm, has recapitalized Netrix, LLC to support the company's next phase of growth. The investment will fund Netrix's expansion of cloud, collaboration, and managed services offerings and accelerate its acquisition strategy while management retains a significant ownership stake.