HARNESSING THE POWER OF DIGITAL TRANSFORMATION TO ACCELERATE BUSINESS INNOVATION AND GROWTH

VELOCITY IS POWERED BY THE &vest SPAC FRANCHISE
&vest applies entrepreneurial mindset and proven operationally led teams to structure

WHY HOSPITALITY?
- COVID = black swan disruption
- Separation of winners and losers
- Thinned out competition
- Pent-up consumer demand
Unique opportunity to acquire generational assets that would otherwise not be available

WHY DIGITAL TRANSFORMATION?
- COVID = acceleration of trends
- Speed of technological change
- Speed of business adoption
- Speed of changing consumer expectations
Opportunity to capitalize on critical sector with unrelenting tailwinds and strong investor demand
MEET VELOCITY
NASDAQ: VELO
OUR MISSION
To harness the power of digital transformation to accelerate business innovation and growth.
The growth in digital enterprise spending has been catalyzed by a convergence of long-term trends, including:
SPEED OF TECHNOLOGY CHANGE
- Blockchain
- Machine Learning / AI
- 5G / 3D Printing / IOT
- Quantum Computing
- Robotics
SPEED OF CONSUMER EXPECTATIONS
- Digital Delivery Services
- Subscription Services
- Banking / Payment Services
- Streaming Entertainment / Gaming
- Health / Education Services
SPEED OF BUSINESS ADOPTION
- Data / Analytics
- eCommerce
- Supply Chain / Sourcing
- Cyber Security
- Cloud Migration
VELOCITY'S INVESTMENT THESIS
We are Strategic Operating Investors focused on merging with a leading company in the digital transformation sector.
INVESTMENT HIGHLIGHTS
1
Deep network of strategic relationships
2
Unparalleled industry expertise to identify winners
3
Extensive operating and M&A experience
4
Proven track record with outstanding results
MASSIVE OPPORTUNITY
ENTERPRISE DIGITAL TRANSFORMATION
Corporate technology spending has increased significantly as data and analytics become essential to driving business value and companies are competing to be at the pinnacle of digital capabilities. As a result, the digital transformation market is forecasted by IDC to expand to $2.5 trillion by 2024, growing 17.6% annually from 2019.
$2.5T
Digital Transformation Market
Size by 2024
17.6%
Projected CAGR through 2025 on
digital enterprise spending
80%
Of enterprise revenue growth will
depend directly on digital offerings
and operations by 2022
Within the digital transformation market, we believe that digital services, including digital growth consultancies and technology service providers, and digital platforms, including cloud-based software solutions, present the best opportunities for growth.
OPERATOR LED LEADERSHIP TEAM
&vest’s founder and Chief Executive Officer, Doug Jacob, has built his career commercializing the power of brand: transforming category challengers into cultural icons. Since successfully parlaying his Wall Street-honed finance acumen into investment in EMM Group’s era-defining Tenjune nightclub, Mr. Jacob has championed a future-focused vision of hospitality that would, in short order, come to define his meteoric rise as a brand operator and investor. Expanding Toro, into top-tier and international markets which he exited in 2017; partnering on purpose-driven, technology-pushing fast casual pizza concept, &pizza; and then building the full-service creative agency, JWALK, sold to Shiseido Corporation acquired the business in late 2017. In 2019, Mr. Jacob founded &vest – a hybrid venture fund and brand agency focused on opportunities in lifestyle verticals – where, in just 24 months, he raised and deployed $1.45b across consumer investments in brands such as fitness disrupter Rumble, ghost-kitchen innovator Butler Hospitality, virtual-try-on platform BeautyLabs, &pizza, as well as the hospitality and digital transformation SPACs, FAST and VELOCITY.
KEY HIGHLIGHTS
- Co-Founder of &Vest with a successful SPAC track record
- Entrepreneur with a track record of success in hospitality, restaurant, and creative services
- Founded JWALK, a full-service creative agency, and served as the company’s Chief Creative Officer and CEO prior to selling the business to Shiseido
Our Chief Executive Officer, Adrian Covey, is a highly regarded executive in the digital industry. Most recently, Mr. Covey was the Global Managing Director of Growth & Strategy for Accenture Interactive. During his tenure in this role from 2016 to 2020, Accenture Interactive was named the largest and fastest-growing digital agency in the world five times in a row, scaling its annual revenues to greater than $10 billion. Mr. Covey was responsible for global strategy and directing organic and inorganic investments, including capability and geographic expansions, ventures, and acquisitions. As part of this strategy, Accenture Interactive acquired and integrated over 40 companies globally. Prior to Accenture Interactive, Mr. Covey was the Global Ventures & Acquisitions Lead for Accenture Digital, responsible for strategy and execution across mobility, Internet of Things (“IoT”), marketing, data, and analytics. Prior to that, he held a number of client-facing, financial, and operational roles.
KEY HIGHLIGHTS
- Global leader at Accenture
- 40+ digital companies acquired
- Drove 10x revenue growth
Our Chief Strategy Officer, Nick Brien, was most recently the CEO of Dentsu Aegis Network Americas. Prior to joining Dentsu in 2017, Mr. Brien was the President of Hearst Marketing Services and the global CEO of iCrossing from 2014 through 2017, and previously served as the global CEO of McCann Worldgroup, a leading global advertising network, from 2010 to 2012. As CEO of McCann Worldgroup, Mr. Brien headed a multi-disciplinary organization spanning 120 countries and employing 16,000 people. The network is comprised of five high-profile global companies entrusted by many of the world’s largest marketers, including McCann Erickson (the world’s largest advertising agency network); MRM Worldwide (digital marketing/CRM); Momentum (activation/promotion); McCann Healthcare (professional pharma communications); and CRAFT (content production). Mr. Brien had worked previously at The Interpublic Group, as global CEO of IPG Mediabrands and global CEO of UM, one of the industry’s leading media agency networks. Mr. Brien is currently a board director and compensation committee member of Outfront Media, the leading US Out-of-Home company, and serves on the NY Chapter board of the Juvenile Diabetes Research Foundation.
KEY HIGHLIGHTS
- Until recently, CEO of Dentsu Americas
- Led global network in 120+ countries
- 50+ digital companies acquired
- $6B Revenue overseen
Our Chief Digital Officer, Judge Graham, is an action-oriented entrepreneur with a successful track record of growing companies and creating value through acquisitions and divestitures. Companies under his leadership have won numerous high-profile business accolades, including Inc. 5000 and multiple best places to work awards. He has also been featured in media outlets like AdWeek, Ad Age, Forbes, Bloomberg, CNBC, Money and many more. He currently is an active investor, serves on boards and is an acclaimed author. Mr. Graham is a go-to expert on helping businesses identify and capitalize on opportunities to improve revenue and corner markets through integration of cutting-edge technology, corporate culture, marketing and sales. Previously, Mr. Graham served as the Chief Digital Officer of Ansira, the second-largest independently owned customer relationship management (“CRM”) and digital marketing agency in the United States. As an executive member of their core deal team, Mr. Graham was instrumental in selling Ansira to Advent International in 2016. Prior to joining Ansira, Mr. Graham was the Co-Founder and President of Sq1, which he sold to Ansira in 2015.
KEY HIGHLIGHTS
- Seasoned digital entrepreneur
- $500M+ value of two exits
- $1B+ sales generated for clients
- Acclaimed author and podcaster
Our Chief Financial Officer and Director, Garrett Schreiber, has spent his career structuring and underwriting transactions and funds in a variety of sectors. In 2012, Mr. Schreiber joined RBC Capital Markets as an investment banking analyst. Upon leaving RBC in 2014, Mr. Schreiber joined as an associate with Enhanced Capital, a portfolio company of Stone Point Capital, where he raised two tax-credit capitalized investment funds and a SBIC fund. While there, Mr. Schreiber worked on fundraising, underwriting, and reporting efforts both to the limited partners and to government regulators. In 2019, Mr. Schreiber helped launch &vest, overseeing all investment, fundraising, and creative agency operations. In 2020, Mr. Schreiber helped launch FAST Acquisition Corp., a hospitality-focused SPAC, where he currently serves as the Chief Financial Officer.
KEY HIGHLIGHTS
- 10+ discrete funds raised
- $10B+ in aggregate capital raised and/or invested
- CFO and Partner of FAST Acquisition Corp
- Partner at &vest
BOARD OF DIRECTORS
ADVISORS

INVESTOR RELATIONS
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