Artémis, an investment company, completed the acquisition of a majority stake in Creative Artists Agency, a media and sports agency, from TPG, a private equity firm, and Temasek, a private equity firm, at a $7bn valuation. “As a leader in its field with an outstanding management team, a crystal-clear focus on providing world-class service to world-class clients and a tremendous track record of growth, CAA has all the relevant characteristics to be part of the Artémis family, adding increased diversity, both in terms of geographical footprint and business activities, to our other assets. CAA’s exceptional insight, relationships, and access across key sectors, combined with their widely regarded level of collaboration and innovation, gives the company a formidable role in driving global opportunities for its diverse and culture-defining clients. We look forward to supporting the agency’s very bright path ahead,” Francois-Henri Pinault, Artémis CEO.