EQT-backed Cast & Crew to acquire Backstage from TA Associates.

EQT-backed Cast & Crew, a end-to-end cloud-based platform powering global entertainment production and content creation, agreed to acquire Backstage, a platform that enables productions, brands, marketing agencies, and businesses to efficiently discover and hire highly skilled performers to take creative projects to the next level, from TA Associates, a private equity company. Financial terms were not disclosed. "This is a transformative acquisition for our company. Cast & Crew has always been driven to solve the industry's most challenging and complex problems. We believe that finding the best talent and creative resources is one of the most critical challenges in content creation today, and Backstage has proven themselves capable of making this difficult work so much easier for millions of industry participants. The addition of Backstage enhances the overall scope of our offerings and our ability to service the needs of studios, management companies, productions, and of course the talent and workforce that makes the magic happen. Together, we see a tremendous opportunity to deliver a true end-to-end platform for the array of companies and people working tirelessly to bring their creativity to life," John Berkley, Cast & Crew Chief Executive Officer.