Announced
Completed
Synopsis
TZP Group, a multi-strategy private equity firm, completed the investment in DanceOne, the largest holding company of dance brands in the world. Financial terms were not disclosed. “We believe strongly in the growth of the dance category and are investing in events like competitions, as well as the creativity, production and tremendous community of studios, dancers, choreographers, instructors and participants from around the world. These two companies have proven to be world leaders in dance competitions, workshops, on-line dance training, theatrical and video productions. We believe there is tremendous potential for continued elevation of the authentic dance event experience for dancers and studios, professionalization, and systemization, as well as expanding the types of partners with which DanceOne brands engage. We look forward to leveraging Gary’s more than 40 years of experience in the dance community and to partnering with Chris and Adam to supercharge our growth efforts across live events, apparel, media, sponsorship, and new business development channels," Dan Galpern, TZP Group Partner.
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