Blue Equity Buys Napoli Management Group
Blue Equity has acquired a majority stake in Napoli Management Group as it continues to expand in the representation, talent and entertainment businesses.
Napoli Management Group, based in Beverly Hills, Calif., has a client list of more than 600 television news anchors, reporters, weathercasters, sportscasters, digital contributors and cable news hosts.
Blue Equity owns and operates representation firms in entertainment, media, broadcast news, sports and culinary arts.
“We are very excited to add one of the leading talent agencies that works with broadcast news talent to the Blue Equity family of companies and to be working with company founder Mendes Napoli and his team of agents,” said Jonathan S. Blue, chairman and managing director of Blue Equity.
Mendes J. Napoli, president-CEO of Napoli Management Group, said: “Partnering with Blue will allow us to stay competitive in this ever changing environment and will provide us with the resources we need to expand our practice. Teaming up with Blue Equity will give us the ability to grow our company into an even larger force in the industry. I know our clients will be well served by this new entity.”
The agency will continue to operate under the name Napoli Management Group, with Mendes Napoli as president, as it has since 1993. Blue Equity will continue to pursue additional opportunities in the lifestyle, sports and talent representation sector.