Independent Talent Agency Eyes Private Equity Deal, CAA No Longer Part of Sale Conversation (EXCLUSIVE)
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variety.comManori Ravindran Executive Editor of International Duncan Heath’s legendary London agency Independent Talent Group is coming off the sales block.
Variety understands that the U.K. company has secured a private equity buyer, and that a due diligence period is currently underway.
The specific private equity firm involved in the deal isn’t currently known, though sources indicate that a well-known and respected entertainment executive is involved in the outfit.
Sources tell Variety that CAA was at one point talking to Independent Talent, but that the U.S. agency — which acquired ICM Partners for $750 million last year — pulled away from a sales conversation in recent months.
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