Creative Artists Agency (CAA), a Los Angeles, CA-based entertainment and sports agency, is to acquire ICM Partners (ICM), a premier entertainment and sports agency.
The amount of the deal – expected to close later this year, subject to the satisfaction of customary closing conditions, including the receipt of regulatory approvals – was not disclosed.
The complementary combination of CAA and ICM will create broader, and more competitive opportunities for clients in the entertainment, media, and sports landscapes.
ICM brings to CAA a global roster of artists in film, television, music, comedy, theater, games, politics, and podcasting. ICM’s books division complements CAA’s content-driven motion pictures, television, and podcasting businesses, in addition to its speakers arm, and other divisions. Further, ICM’s London-based ICM Stellar Sports, serves more than 800 clients around the globe and maintains offices in 10 countries.
ICM’s Chris Silbermann will join CAA’s shareholder board.
Led by Bryan Lourd, Kevin Huvane, and Richard Lovett, CAA is an entertainment, media, and sports enterprise, with global expertise in motion pictures, television, music, sports, theater, digital media, publishing, endorsements, media finance, consumer investing, fashion, podcasting, speaking, games, and philanthropy. CAA has built a sports business, created an investment bank, launched a venture fund, found technology startups, and established a business in China, among other industry innovations. A subsidiary of CAA, Entertainment Benefits Group (EBG) is a leader in corporate entertainment and travel, with more than 40,000 clients and 60 million users.
Founded in 1975, CAA is headquartered in Los Angeles, and has a significant presence in New York, Nashville, London, Beijing, and Shanghai, as well as offices in Atlanta, Charlotte, Chicago, Dallas, Denver, Geneva, Jacksonville, Las Vegas, Memphis, Miami, Munich, Orlando, Stockholm, and Toronto, among other locations globally.
Originally founded in 1975 as International Creative Management, then rebranded as ICM Partners in 2012, ICM is a premier entertainment, media, sports agency dedicated to the global representation of artists, content creators, broadcasters, authors, artisans, journalists, and athletes in film, television, sports, publishing, theater, music, live performance, podcasting, branding, endorsements, product placements, sponsorship, commercials, broadcasting, speaking, and politics. The company has offices in Los Angeles, New York, Washington D.C., and London, and strategic partnerships in Europe, Asia, and beyond.
FinSMEs
27/09/2021