Potential Buyers are Lining Up to Purchase THE·TEAM
The agency remains up for sale following Casey Wasserman stepping down
Wasserman, the agency now known as THE·TEAM, is still for sale following founder Casey Wasserman stepping down in the wake of his mention in the Epstein files. Now, The Wall Street Journal (WSJ) reports that several parties are interested in purchasing the agency.
The buyers:
Investment firms Permira, New Mountain Capital, and TA Associates.
United Talent Agency (UTA).
Patrick Whitesell, former executive chairman of Endeavor, before it merged into William Morris Endeavor.
The deal:
WSJ has stated that THE·TEAM could be worth $3 billion.
The sale could involve all or part of the agency.
The company’s yearly revenue is around $200 million.
Casey Wasserman
Patrick Whitesell
Permira
New Mountain Capital
TA Associates
Agency Sale
Executive Misconduct Allegations
Talent Agency Consolidation
Takeover Bids
Mergers & Acquisitions
Talent Agencies
Agency Acquisitions
THE-TEAM
Wall Street Journal
United Talent Agency (UTA)
Wasserman
WSJ
Endeavor
William Morris Endeavor
United States
👋 Disclosures & Transparency Block
This article was written with information sourced from the Wall Street Journal via MSN.
We covered it because THE·TEAM is one of the four major agencies.
