{"id":21312,"date":"2024-04-25T09:00:56","date_gmt":"2024-04-25T13:00:56","guid":{"rendered":"https:\/\/worldscreen.com\/tvreal\/worldscreen.com\/"},"modified":"2024-04-25T09:15:06","modified_gmt":"2024-04-25T13:15:06","slug":"wheelhouse-secures-minority-investment-from-alignment-growth","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tvreal\/wheelhouse-secures-minority-investment-from-alignment-growth\/","title":{"rendered":"Wheelhouse Secures Minority Investment from Alignment Growth"},"content":{"rendered":"

Wheelhouse has secured its first outside capital raise, with a minority investment from private equity firm Alignment Growth.<\/p>\n

The funding will enable Wheelhouse to build an infrastructure that attracts industry-leading talent and accelerate growth through strategic acquisitions. As part of the investment, Jeff Bewkes, founding partner of Alignment Growth, will join the Wheelhouse board of directors.<\/p>\n

Wheelhouse, founded in 2018 by CEO Brent Montgomery, is comprised of several production companies, including Spoke Studios, Campfire, Butternut, Wheelhouse UK and DNA. It also has production partnerships with Jimmy Kimmel\u2019s Kimmelot and chef David Chang\u2019s Majordomo Media. Wheelhouse\u2019s marketing, digital, audio and management arms complement the production capabilities.<\/p>\n

Series from Wheelhouse include Netflix\u2019s King of Collectibles<\/em>, Buying Beverly Hills<\/em> and Players<\/em>; Hulu\u2019s Secret Chef<\/em>, WeWork: Or the Making and Breaking of a $47 Billion Unicorn<\/em> and Got to Get Out<\/em>; Max\u2019s Smartless: On the Road<\/em>; and Roku\u2019s Celebrity Family Cookoff<\/em>. In 2023, Wheelhouse sold 20 series that are in various stages of production for networks and platforms, including Netflix, Hulu, Roku, Paramount+, HGTV, Food Network and OWN.<\/p>\n

The Wheelhouse and Alignment Growth deal was led by Kevin Tsujihara, partner at Alignment Growth; Rob Lia, president and general counsel at Wheelhouse; and Ed Simpson, chief strategy officer at Wheelhouse, who leads M&A.<\/p>\n

\u201cWe are building Wheelhouse as a collective of global creatives who not only shine on their own, but truly want to partner with one another across labels and divisions, so we\u2019re thrilled that Alignment\u2019s investment will allow us to supersize our efforts engaging talent in front of and behind the camera,\u201d founder Montgomery said.<\/p>\n

Bewkes added, \u201cWe are excited to partner with and support Brent, a seasoned operator and a magnet for the best talent in non-scripted. His success in the space is unparalleled, and his team is well-positioned to build Wheelhouse into one of the preeminent names across the industry.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Wheelhouse has secured its first outside capital raise, with a minority investment from private equity firm Alignment Growth.<\/p>\n","protected":false},"author":1412,"featured_media":21313,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":0,"footnotes":""},"categories":[69],"tags":[9391,4977,9392,6261],"class_list":["post-21312","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-top-stories","tag-alignment-growth","tag-brent-montgomery","tag-jeff-bewkes","tag-wheelhouse","pmpro-has-access"],"yoast_head":"\nWheelhouse Secures Minority Investment from Alignment Growth - TVREAL<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/worldscreen.com\/tvreal\/wheelhouse-secures-minority-investment-from-alignment-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wheelhouse Secures Minority Investment from Alignment Growth - TVREAL\" \/>\n<meta property=\"og:description\" content=\"Wheelhouse has secured its first outside capital raise, with a minority investment from private equity firm Alignment Growth.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/worldscreen.com\/tvreal\/wheelhouse-secures-minority-investment-from-alignment-growth\/\" \/>\n<meta property=\"og:site_name\" content=\"TVREAL\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-25T13:00:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-25T13:15:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/worldscreen.com\/tvreal\/wp-content\/uploads\/sites\/12\/2024\/04\/Wheelhouse-AlignmentGrowth-0424.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"394\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jamie Stalcup\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jamie Stalcup\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/worldscreen.com\/tvreal\/wheelhouse-secures-minority-investment-from-alignment-growth\/\",\"url\":\"https:\/\/worldscreen.com\/tvreal\/wheelhouse-secures-minority-investment-from-alignment-growth\/\",\"name\":\"Wheelhouse Secures Minority Investment from Alignment Growth - TVREAL\",\"isPartOf\":{\"@id\":\"https:\/\/worldscreen.com\/tvreal\/#website\"},\"datePublished\":\"2024-04-25T13:00:56+00:00\",\"dateModified\":\"2024-04-25T13:15:06+00:00\",\"author\":{\"@id\":\"https:\/\/worldscreen.com\/tvreal\/#\/schema\/person\/0da12602224807cc7b179b8405018deb\"},\"breadcrumb\":{\"@id\":\"https:\/\/worldscreen.com\/tvreal\/wheelhouse-secures-minority-investment-from-alignment-growth\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/worldscreen.com\/tvreal\/wheelhouse-secures-minority-investment-from-alignment-growth\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/worldscreen.com\/tvreal\/wheelhouse-secures-minority-investment-from-alignment-growth\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/worldscreen.com\/tvreal\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Wheelhouse Secures Minority Investment from Alignment Growth\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/worldscreen.com\/tvreal\/#website\",\"url\":\"https:\/\/worldscreen.com\/tvreal\/\",\"name\":\"TVREAL\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/worldscreen.com\/tvreal\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/worldscreen.com\/tvreal\/#\/schema\/person\/0da12602224807cc7b179b8405018deb\",\"name\":\"Jamie Stalcup\",\"description\":\"Jamie Stalcup is the executive editor of World Screen. 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