Cynthia Littleton Business EditorICM Partners is diving into the sports representation business with the acquisition of London-based sports agency Stellar Group.Stellar Group represents more than 800 athletes, most of them soccer players in addition to NFL players.
The agency has about 130 employees spread among offices in the U.K. as well as Boston and Atlanta, Germany, Spain, Portugal, France, Italy, Denmark and other countries.The deal will create ICM Stellar Sports, which will be run by executive chairman Jonathan Barnett and David Manasseh, who co-founded Stellar in 1992.
ICM Partners veteran Ted Chervin will serve as chairman of the sports agency with a mandate to help grow its sports roster in North America and to drive business for.
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