NORTH SIXTH GROUP ANNOUNCES STRATEGIC EQUITY INVESTMENTS
NEW YORK
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January 24, 2022 10:29 AM Eastern Standard Time
North Sixth Group, a family office with wholly-owned and minority interests in a variety of investments across media, marketing, technology and sports and entertainment, today announced the sale of minority interests to multiple family office and strategic equity investors by its principal owner.
Each sale has closed, is pending closure subject to the satisfaction of customary closing conditions or is the subject of an agreement in principle.
Investors include Wavemaker Partners, an international investment firm with over $700 million in assets under management; GRLD Ventures, a diversified growth equity firm that invests in emerging companies and exceptional founders; Infrastructure Group Inc., an asset management firm that provides principal investments in high-growth companies; Geoff Judge, an experienced private equity investor, President of Trio Three Equity and former Partner at iNovia Capital; and the family offices of SpaceX executive Brian Bjelde, software executive Brian Rubin and entrepreneur and investor David Milowitz.
Additionally, technology entrepreneur Morgan Harris has purchased a minority interest through his family office, Mammoth Bay Ventures. Harris, who is an accomplished entrepreneur and investor with multiple exits, will work alongside North Sixth Group Chairman Matt Rizzetta to support future portfolio growth. He most recently built and sold video intelligence platform TONIK+ to Edisen (formerly Chimney Vigor Group).
“Matt and the team at North Sixth Group have created a unique model built on value creation and diversification, leaning on their network and skill set to source deals and increase asset values by playing an accretive role for each holding,” said Morgan Harris. “North Sixth Group combines elements of private equity, sales and marketing and operating resources that are so critical and rare to find in investment partners.”
Joining as a North Sixth Group advisor is media technology entrepreneur and Klay Media founder Mike Pollack.
“We aim to take a generational view toward our portfolio,” said Matt Rizzetta, Chairman of North Sixth Group. “Since we are active, hands-on operating partners with our founders, it was important that we bring on investors who lend value to our portfolio companies through unique skill sets, relationships and strong track records as entrepreneurs. We are pleased to have found a great blend of these characteristics within our group of investors and are grateful for their enthusiasm and alignment with the long-term vision for our portfolio.”
ABOUT NORTH SIXTH GROUP
North Sixth Group is a family office that takes a hands-on approach to its investments. The company has wholly owned and minority interests in a variety of investments across media, marketing, technology and sports and entertainment. Additionally, North Sixth Group dedicates financial, networking and human capital resources to community-based initiatives geared toward Passion, Purpose and Progress. For more information, visit www.northsixthgroup.com
Contact Details
N6A (For North Sixth Group)
+1 212-334-9753
Company Website
