variety.com
16.06.2023 / 21:13
71%
Independent Talent Agency Eyes Private Equity Deal, CAA No Longer Part of Sale Conversation (EXCLUSIVE)
Manori 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. Other interested parties that have been in the mix in the last year are believed to include WME and Wasserman.
