#USA #Los Angeles #Brett Brewer #Sequence Equity #TXV Partners

Brett Brewer Brings His Expertise to Sequence Equity

In a significant move for the private equity and venture capital landscape, Brett Brewer, recognized for his pivotal role as co-founder of MySpace and founding partner at Crosscut Ventures, has joined Sequence Equity as a Managing Partner. This integration is set against the backdrop of the firm’s ambitious plans to elevate its investment strategies focused on human optimization and the sports ecosystem.

Sequence Equity, earlier known as TXV Partners, is rapidly positioning itself as a key player in private investments, emphasizing transformative businesses that promote growth and innovation. With the appointment of Brewer, the firm aims to leverage his extensive background in entrepreneurship and investment to spearhead its future initiatives.

Brewer's impressive career trajectory adds notable depth to Sequence Equity's leadership. His success story began at Intermix Media, the owner of MySpace, where he played a crucial role as CEO, leading the company to a remarkable sale to News Corp for $680 million. Subsequently, he contributed significantly to establishing one of Southern California’s leading venture capital firms, Crosscut Ventures, which currently manages over $350 million in assets. One of his key achievements includes elevating Adknowledge from $30 million to an astounding $300 million in revenue, facilitating a successful exit through private equity acquisition.

At Sequence Equity, Brewer will champion the firm’s venture capital operations while working collaboratively with co-managing partners, including Marcus Stroud, Brad Palmer, and Brandon Allen. Together, they share the vision of growing Sequence into a world-class innovation platform that encompasses a broad array of high-impact investments, spanning technology, sports, and adjacent sectors.

Marcus Stroud highlighted Brewer’s strategic fit within the team, remarking, “Brett is a transformative addition to Sequence. His entrepreneurial expertise and operational insights are unmatched, and his vision aligns perfectly with our commitment to investing in businesses that drive meaningful change.”

The firm recently launched the Sequence Sport Fund I, specifically targeting investments in sports teams and related enterprises, which aligns with their broader strategy. This venture signals Sequence's desire to capitalize on the burgeoning intersection of technology in sports while aligning with societal trends favoring wellness and optimizations.

Brewer expressed enthusiasm about his new role, stating, “I am fired-up to join Sequence Equity during this pivotal stage of growth. Marcus, Brandon, and the team have built a strong foundation with top decile performance, and I look forward to collaborating with them to accelerate Sequence’s growth and impact across our investment strategies.”

As Sequence continues to evolve its operations from its previous identity as TXV Partners, Brewer's addition is seen as a key factor that will firmly establish the firm in the competitive landscape of investment firms focused on technology and sports innovation. The expertise he brings not only enhances the firm’s portfolio but also aligns with its mission to generate meaningful results and foster sustainable growth.

In summary, Brett Brewer’s appointment as Managing Partner at Sequence Equity marks a significant step towards the firm’s strategic expansion, promising a dynamic approach to investment and innovation in transformative industries. With his extensive background and successful track record combined with the firm’s commitment to impact, the partnership aims to pioneer new heights in private equity and venture capital realms.