Announced
Completed
Financials
Sources
Tags
United States
sports agency
Media Agencies
Acquisition
Minority
Private
Private Equity
Cross Border
Completed
Friendly
Single Bidder
Synopsis
Temasek, a sovereign wealth fund out of Singapore, completed the acquisition of a stake in Creative Artists Agency, an American talent and sports agency based in Los Angeles, California. Financial terms were not disclosed. “As one the most successful and sophisticated investors in the world, Temasek provides an extraordinary level of insight and resources as we continue to provide the best opportunities for the company and our clients. Today’s announcement speaks to the incredible growth and relentless innovation across all areas of the agency. We have a combination of partners that provide global firepower for our continued success,” Richard Lovett, Creative Artists Agency President.
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