Rockbridge Growth Equity
Founded in 2007, Rockbridge Growth Equity is a Detroit-based mid-market private equity firm focused on building enduring companies across various sectors with over $1.4 billion in assets under management.
Company Overview
Founded in 2007, Rockbridge Growth Equity is a mid-market private equity firm based in Detroit, Michigan. The firm is dedicated to building distinctive and enduring companies through long-term investments. They focus on deep investments behind growth at all stages of ownership. The office is located at The Madison - 4th Floor, 1555 Broadway St., Detroit, MI 48226.
Investment Strategy
Rockbridge Growth Equity has a broad focus and targets control and minority equity investments in lower middle market services businesses headquartered in North America. Ideal investment candidates are businesses with at least $20 million in revenue and $5 million of EBITDA. While the firm specializes in majority ownership situations, it also considers minority investments with suitable governance provisions.
Focus Sectors
Rockbridge Growth Equity's portfolio spans across various sectors such as Digital Marketing, e-Commerce, Financial Services/Fintech, Tech-enabled Services, and Digital Media. Each of these sectors benefits from Rockbridge's comprehensive approach to growth and operational excellence.
Portfolio and Recent Activities
The firm manages regulatory assets exceeding $1.4 billion as of the end of 2022 and has a diverse portfolio that includes companies like Connect America, One Reverse Mortgage, and Triad Retail Media. Recent activities in their portfolio include the merger of White Glove and TouchFuse, as well as the acquisition of ZAG Interactive by Marquis.
Affiliations and Recognition
Rockbridge Growth Equity is affiliated with the Rock Family of Companies, incorporating over 100 companies. The firm has garnered recognition with awards such as Best Companies to Work For (Fortune, 2022) and Best Employers for Diversity (Forbes, 2021). The firm's Portfolio Resources Group serves as a central hub to support partners in leveraging additional resources.