Who We Are

What We Do

We provide investment banking, research, sales and trading, asset and wealth management, public finance, insurance, private capital, and family office services.

About Us

We are a family-owned financial services firm that values client relationships, long-term stability, and supporting the communities where we live and work.

The Stephens Story

The idea of family defines our culture, because each of us knows that our reputation is on the line as if our own name was on the door.

Leadership

Our reputation as a leading independent financial services firm is built on the stability of our longstanding and highly experienced senior executives.

Impact Initiatives

We are committed to corporate philanthropy; economic and financial literacy advocacy; and diversity, equity, and inclusion initiatives.

Our Brand Ambassadors

Stephens is proud to sponsor the PGA TOUR, LPGA Tour, and PGA TOUR Champions careers, as well as applaud the philanthropic endeavors, of our Brand Ambassadors.

Making Connections

We host many highly informative meetings each year with clients, industry decision makers, and thought leaders across the U.S. and in Europe.

Back to transactions
Financial Advisor

RIDE TV

Value Not Disclosed 06/07/2021 Media Complete
Public Companies, Financial Sponsors
Show Tombstone

Transaction Details

  • On June 7, 2021, GAC Media, LLC, a newly-formed group of US-based investors, announced that it has acquired the Great American Country ("GAC") network from Discovery, Inc.
  • Contemporaneously with its acquisition of GAC, GAC Media also acquired RIDE TV, a 24-hour, high-definition television network dedicated to showcasing equestrian sports, culture and lifestyle
  • GAC Media was organized by Dallas-based Hicks Equity Partners LLC ("HEP") and Bill Abbott and includes US-based family offices
  • Together, GAC and RIDE TV constitute the first two channels in GAC Media's larger effort to revitalize and invest in family-friendly programming that is both timeless and entertaining
  • Bill Abbott, an industry veteran who has operated and launched several cable channels that became highly profitable ratings leaders, especially in the area of Christmas content, will be President and CEO of GAC Media, LLC

About the company

RIDE TV

RIDE TV is a 24-hour, high definition, cable television network dedicated to showcasing equestrian sports and lifestyle. RIDE TV delivers high-quality programming to those that enjoy and care about anything and everything horse related.

Hicks Equity Partners LLC.

Hicks Equity Partners LLC is the private equity arm of the Thomas O. Hicks family office. With more than 40 years of private equity experience, Mr. Hicks was an early pioneer of the "buy and build" strategy of investing and co-founded Hicks Muse Tate & Furst, which raised more than $12 billion of private equity across six funds and completed over $50 billion of leveraged acquisitions. HEP looks for established companies with proven track records, strong free cash flow characteristics, a strong competitive industry position and an experienced management team looking to partner with long-term capital.

Discovery, Inc.

Discovery, Inc. (Nasdaq: DISCA, DISCB, DISCK) is a global leader in real life entertainment, serving a passionate audience of superfans around the world with content that inspires, informs and entertains. Discovery delivers over 8,000 hours of original programming each year and has category leadership across deeply loved content genres around the world.

Sources: RIDE TV website and management; GAC Media, LLC press release.
  1. This material has been prepared solely for informative purposes as of its stated date and is not a solicitation, or an offer, to buy or sell any security. It does not purport to be a complete description of the securities, markets or developments referred to in the material. Information included in the material was obtained from sources which we consider reliable, but we have not independently verified such information and do not guarantee that it is accurate or complete. No subsequent publication or distribution of this material shall mean or imply that any such information or opinion remains current at any time after the stated date of the material. We do not undertake to advise you of any changes in any such information or opinion. Additional information is available upon request.