Announced
Financials
Sources
Tags
computer services
United States
Acquisition
film production
Friendly
Digital Services
Majority
Domestic
commercial
Single Bidder
Private Equity
Private
Pending
Synopsis
RedBird Capital Partners, a private equity firm, agreed to acquire a majority stake in Talent Systems, an industry’s premier tech-driven global casting marketplace. Financial terms were not disclosed. “With Talent Systems, Rafi and Alex have created a platform that offers efficiencies to a media and entertainment ecosystem managing a massive increase in supply and demand of content creation. Drawing on RedBird’s investment experience and relationships in the industry, together we have an opportunity to continue to scale their business when it is needed most. We are also pleased that Rafi and Alex, along with their leadership team and existing financial partner Caltius, will continue to have a significant equity stake going forward,” Andy Gordon, RedBird Partner.
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