Board Chair, Patricof Co
Mark Patricof is an American businessman and entrepreneur. Considered a digital media pioneer, tech investor and seasoned investment banker, he has advised on and invested in a wide range of leading traditional and digital media and entertainment companies and transactions.
Patricof is the founder of Patricof Co, a highly specialized merchant bank designed to meet the needs of a select group of athletes and sports professionals. The firm is backed by J.P. Morgan Private Equity Group (PEG), one of the longest-standing and most successful private equity firms in the industry with over $24 billion in assets under management. The Patricof Co investing platform, in conjunction with PEG, provides flexible capital to co-invest alongside clients in later stage growth equity and private equity transactions, while the firm’s advisory platform gives sports professionals a competitive edge in private investing by augmenting their ability to evaluate, structure, negotiate and ultimately exit individual principal investments.
Previously, Patricof served as Co-Head of the TMT (Technology, Media, Telecom) practice at Houlihan Lokey, a publicly traded global investment bank to whom he sold his previous firm, MESA Global. While at Houlihan Lokey, Patricof’s notable transactions include advising on the highly publicized sale of Gawker Media to Univision at a bankruptcy auction for a staggering $135 million and the sale of the iconic concert venue Webster Hall to AEG Presents and Brooklyn Sports and Entertainment.
Prior to Houlihan, Patricof co-founded MESA, a boutique investment bank focused on providing M&A advisory, private placement and structured finance services to high-growth companies across the media and entertainment landscape. Core areas of focus included film, television, music, sports, live entertainment and digital media, including key verticals such as games, interactive, advertising, and e-commerce. MESA advised on over 80 transactions including some of the most notable deals in the sector: Colony Capital’s acquisition of Miramax, the sale of Songza to Google, the sale of Indiagames to Disney, structured finance transactions for Relativity and IMAX, and equity financings for Blue Man Group and FanDuel. Additionally, MESA advised multiple global corporations, including Discovery Channel, Time Inc., and Viacom.
In 2012, Patricof launched MESA Ventures, an early stage venture fund focused on e-commerce, advertising technology and digital content. The fund, which invested in Seed and Series A rounds alongside established and top-tier early stage VC firms, combined a unique data-driven ranking system with a co-investment strategy, thus creating the first “indexing” approach to seed stage investing. Over 60 investments were made and the portfolio is currently +48% IRR.
Patricof was a co-founder of <kpe>, an incubator/digital studio that financed, designed, and built businesses for media and entertainment industry clients such as the BBC, CBS, Disney, Hearst and Viacom. Patricof served as President and CEO of the company until it was sold to Omnicom.
Patricof began his career with a six year stint at Creative Artists Agency (CAA) in Los Angeles, where he started in the agency’s famed mail room.
Patricof graduated from Emory University with a Bachelor of Arts in Psychology. He then attended the University of Southern California’s Master of Film Studies program.
Boards and Advisory Roles
Patricof is a member of the board of directors of the New York Economic Development Corporation, Hornblower Cruises, NEP Broadcasting, and Piano Media. He also serves as a Senior Advisor to Crestview Partners.