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GSTV Sold to MidOcean

  • Rockbridge Growth Equity has sold its majority ownership in GSTV to MidOcean Partners. Rockbridge will retain a minority stake in the business.
  • GSTV is a national video network operating across fuel and convenience retailers, with partnerships including Chevron, Sunoco, and 7-Eleven. It plays targeted short-form entertainment and advertising content at gas pumps during fueling.
  • Customers of GSTV include Fortune 500 advertisers in automotive, consumer packaged goods, and quick-service restaurant sectors. GSTV offers various video and service offerings to attract advertisers and provide analytics.
  • Rockbridge Growth Equity invests in e-commerce, marketing services, financial services, fintech, tech-enabled products and services, and digital media. MidOcean Partners invests in North America-based companies and closed its sixth fund with over $1.5 billion of capital.

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