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Announced

Completed

Wasserman completed the acquisition of the North American live music representation business of Paradigm Talent Agency.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Private

United States

Acquisition

Domestic

Single Bidder

live music representation

Media Agencies

Completed

talent agency

Majority

Synopsis

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Wasserman, a sports marketing and talent management company, completed the acquisition of the North American live music representation business of Paradigm Talent Agency, an American full-service entertainment agency. Financial terms were not disclosed. "I have worked side-by-side with this remarkable group of people to build a blueprint for success and I am continually impressed with their tenacity and care for both their clients and the business. But most important is our shared commitment to cultivating a culture of forward progress so this new business appropriately reflects the artists and fans we serve. This is a dynamic opportunity to create new collaborations between the family of brands and talent that Wasserman currently represents in a meaningful and impactful way, and I am excited to get started," Casey Wasserman, Wasserman Chairman and CEO.

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