Private Equity Firm Buys Taylor Swift Tour Logistics Provider
Private equity firm Providence Equity Partners acquired concert logistics provider GCL for $1 billion.
Private equity firm Providence Equity Partners has acquired Global Critical Logistics (GCL), the company that provides logistics services to concert tours, sporting events, film and TV production and corporate events globally.
The details:
GCL operates brands such as Rock-It Cargo, DIETL and Cars, and has provided logistics support for Beyoncé, Sir Paul McCartney and Taylor Swift's 'Eras' tour.
As per Pollstar, the Wall Street Journal reports the deal is worth $1 billion, with Providence becoming the majority shareholder and former owner ATL Partners retaining a minority stake.
As per GCL's website, the company handles more than 10,000 projects a year in 160 countries.
Rock-It Cargo recently entered a multi-year partnership as the Official Logistics Provider of the FIFA World Cup 2026 and the new FIFA Club World Cup.
Private equity firm Providence Equity Partners has acquired Global Critical Logistics (GCL), the company that provides logistics services to concert tours, sporting events, film and TV production and corporate events globally.
The details:
GCL operates brands such as Rock-It Cargo, DIETL and Cars, and has provided logistics support for Beyoncé, Sir Paul McCartney and Taylor Swift's 'Eras' tour.
As per Pollstar, the Wall Street Journal reports the deal is worth $1 billion, with Providence becoming the majority shareholder and former owner ATL Partners retaining a minority stake.
As per GCL's website, the company handles more than 10,000 projects a year in 160 countries.
Rock-It Cargo recently entered a multi-year partnership as the Official Logistics Provider of the FIFA World Cup 2026 and the new FIFA Club World Cup.
Private equity firm Providence Equity Partners has acquired Global Critical Logistics (GCL), the company that provides logistics services to concert tours, sporting events, film and TV production and corporate events globally.
The details:
GCL operates brands such as Rock-It Cargo, DIETL and Cars, and has provided logistics support for Beyoncé, Sir Paul McCartney and Taylor Swift's 'Eras' tour.
As per Pollstar, the Wall Street Journal reports the deal is worth $1 billion, with Providence becoming the majority shareholder and former owner ATL Partners retaining a minority stake.
As per GCL's website, the company handles more than 10,000 projects a year in 160 countries.
Rock-It Cargo recently entered a multi-year partnership as the Official Logistics Provider of the FIFA World Cup 2026 and the new FIFA Club World Cup.
👋 Disclosures & Transparency Block
This article was selected by the author based on their judgement that it would be interesting to readers.
📨 Subscribe to NIF
Get news dropped in your inbox 👇
📨 Subscribe to NIF
Get news dropped in your inbox 👇
Related Articles
Business & Finance
Jul 17, 2025
1 min read
The Chainsmokers’ VC Firm, Mantis Ventures, Closes $100m Third Fund
A 25% increase on their last round
Business & Finance
Jul 16, 2025
1 min read
Naoki Osada Launches Nebula17 to Take Japanese Artists Global
The exec was formerly the CEO of Avex USA
Business & Finance
Jul 16, 2025
1 min read
Universal Australia Unveils Its ‘Connect’ Division
It’s focused on “bridging generations through the celebration of music’s past”
The Chainsmokers’ VC Firm, Mantis Ventures, Closes $100m Third Fund
A 25% increase on their last round
Rod Yates
Business
Jul 17, 2025
Naoki Osada Launches Nebula17 to Take Japanese Artists Global
The exec was formerly the CEO of Avex USA
Rod Yates
Business
Jul 16, 2025
Universal Australia Unveils Its ‘Connect’ Division
It’s focused on “bridging generations through the celebration of music’s past”
Rod Yates
Business
Jul 16, 2025
Steve Aoki Launches Aoki Labs, a New Venture Capital Firm
The venture platform is focused on well-being, innovation and impact
Rod Yates
Business
Jul 15, 2025
EMPIRE Expands to Nordic Region
The company will now operate in Sweden, Denmark, Norway, Finland, and Iceland
Harry Levin
Business
Jul 14, 2025
Merck Mercuriadis Launching New Company
The Hipgnosis founder has secured “hundreds of millions” in investment
Rod Yates
Business
Jul 7, 2025
