Vision Venture Partners, a Beverly Hills, Calif.-based newly-formed private equity firm, has officially launched.
Comprised of four seasoned partners including Stratton Sclavos, Amit Raizada, Rick Fox and Jace Hall, the firm is focused on nurturing companies building a new generation of services for what Sclavos calls “Generation Always” consumers. “These are today’s consumers who are always connected, always social, always mobile, always interactive, always serious and always aware,” explained Sclavos.
Vision Venture Partners, which has already invested in companies in hyper-growth esports, digital entertainment and lifestyle food and beverage sectors, will also provide backed companies with support to hire people, develop the product, and execute a go-to-market strategy beyond deploying capital to capture and grow a leadership position in the market.
The firm operates from a nearly 30,000 square foot Beverly Hills office featuring 75 private office suites, 100 workstations, three production studios and an esports training facility. The headquarters also includes an expanding production arm creating original content for esports and other entertainment categories targeted at live broadcast, video-on-demand and online distribution. Related project announcements are expected this month as well as ventures in the lifestyle food and beverage sector.