Key Market Movements
CAA (Creative Arts Agency), an entertainment and sports agency, received an undisclosed amount of development capital from Temasek on September 26, 2017. CAA also received an undisclosed amount of development capital from China Media Capital, Fubon Life Insurance, and Taiwan Mobile on October 5, 2017. The investment will be used to support the company’s formation of its Chinese media and entertainment platform CAA China. Taiwan Mobile invested $26 million in the company as part of this transaction.
UTA (United Talent Agency), a talent management agency representing artists and other entertainment professionals in the United States, received $200 million of development capital from Investcorp Bank and Public Sector Pension Investment Board on August 7, 2018. The post-deal valuation of the firm was $500 million.
James Grant Group, a London-based provider of management and professional services, is in talks to be acquired by Bowmark Capital, Inflexion Private Equity, and Trilantic Partners through a $195 million LBO on November 24, 2017.The company offers a one-stop-shop for its clients in the sports, music, literary, social talent, and entertainment sectors, providing accountancy, legal, social media, contract negotiation, and strategic career planning services.