Close Menu
    Facebook X (Twitter) Instagram
    Latest
    • Billie Eilish adds new Japan, US dates for Hit Me Hard and Soft world tour
    • Ticketcorner signs strategic partnership with St. Gallen’s Olma Messen
    • 3D Digital Venue announces strategic partnership with Saudi Arabia’s Qabastech
    • Lancashire Cricket extends partnership with Seat Unique
    • Perth Concert Hall refurbishment gets underway
    • Kanye West’s South Korea concert cancelled
    YouTube LinkedIn Flickr
    TheTicketingBusiness NewsTheTicketingBusiness News
    • News
    • Sport
    • Music
    • Business
    • Insights
    • Job Listings
      • Jobs Listings
      • Job Dashboard
    • Events
      • #TBF25 Manchester
      • #TAS25 Hong Kong
    Subscribe
    TheTicketingBusiness NewsTheTicketingBusiness News
    Home»Featured News»Private equity giant acquires stake in UTA agency

    Private equity giant acquires stake in UTA agency

    Richard MulliganBy Richard Mulligan21 Jul 20223 Mins Read Featured News 156 Views
    A guitarist on stage
    Share
    Facebook Twitter LinkedIn Email WhatsApp Copy Link

    Private equity group EQT has become a strategic investor in United Talent Agency (UTA), which represents major artists such as Guns N Roses, Dolly Parton and Muse.

    EQT, which has around $100.0bn in assets under management, said the acquisition of the undisclosed stake recognises Beverly Hills-headquartered UTA’s recent growth trajectory and will help fuel future investments in talent, innovation and international expansion.

    The investment comes after UTA recently acquired European publishing and talent agency, The Curtis Brown Group, and MediaLink, the strategic advisory firm for entertainment and media companies. Over four years, the number of employees at the group has almost doubled to nearly 1,900 employees.

    EQT said it expects UTA to benefit from long-term tailwinds such as increased content distribution platforms, including streaming and the globalisation of content and fandom. Its financial resources, in-house digital team and global footprint will support UTA’s growth plans, with a view to accelerating growth through investments in its core businesses as well as expansion into other opportunities.

    Jeremy Zimmer, chief executive of UTA, said: “EQT is the perfect partner for UTA’s next phase of growth. They have deep international capabilities, a strong balance sheet, and most importantly they truly appreciate and respect the culture that we have built at UTA.

    “David Kramer and I led this process, and we made sure to listen to our instincts about who we felt would really help us drive growth while protecting our culture. We believe that we found the right partner to maintain that balance.”

    UTA, which also has offices in offices in Atlanta, Chicago, Nashville, New York and London, represents talent across a broad range of categories including music, film, and sports.

    Under the transaction, the UTA partnership and leadership continue to hold the controlling interest in the company, with EQT becoming the largest outside shareholder.

    As part of the transaction, Investcorp, a global alternative investment firm, which invested in UTA in 2018, will sell its full minority stake to EQT, and EQT will also purchase a portion of existing stakes from continuing shareholders including PSP Investments.

    The transaction is expected to close later this month.

    Kasper Knokgaard, EQT partner and global head of the services sector team, said: “EQT invests in industry leading platforms that are well situated for strong and sustained growth across economic cycles, are aligned with our values, and where we know we can create significant value – UTA checks all the boxes.

    “We are excited to partner with Jeremy Zimmer and the entire team to accelerate UTA’s growth trajectory and enable more opportunities across entertainment and media.”

    Investment M&A United Talent Agency
    Follow on Google News Follow on RSS
    Share. Twitter LinkedIn Email WhatsApp Copy Link Facebook
    Previous ArticleWomen’s World Cup marks one year to go with ticket details
    Next Article NBA launches new premium hospitality platform

    Related Posts

    Finance

    Dice finalises $65m investment round

    23 Aug 20231,384 Views
    Finance

    Project Admission passes $13m in funding after rapid growth

    23 Jun 20231,473 Views
    Finance

    US touring leaders APA and AGI form new mega agency

    23 Jun 2023256 Views

    Get this News delivered to your inbox

    Top Posts

    Billie Eilish adds new Japan, US dates for Hit Me Hard and Soft world tour

    20 May 20252 Mins Read

    Ticketcorner signs strategic partnership with St. Gallen’s Olma Messen

    20 May 20252 Mins Read
    Connect With Us
    • LinkedIn
    YouTube LinkedIn Flickr
    • Home
    • About Us
    • Privacy Policy
    • Jobs Listings
    • Contact Us
    Copyright © 2025 Xperiology. All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.

    X We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies. However you may visit Settings to provide a controlled consent.
    Read More Settings ACCEPT
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
    CookieDurationDescription
    __cf_bm30 minutesThis cookie, set by Cloudflare, is used to support Cloudflare Bot Management.
    __lc_cid2 yearsThis is an essential cookie for the website live chat box to function properly.
    __lc_cst2 yearsThis cookie is used for the website live chat box to function properly.
    __oauth_redirect_detectorpastThis cookie is used to recognize the visitors using live chat at different times inorder to optimize the chat-box functionality.
    cookielawinfo-checkbox-advertisement1 yearSet by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category .
    cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
    cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
    cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
    cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
    cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
    last_pys_landing_page7 daysAnonymous cookie used to facilitate the 'PixelYourSite' plugin which manages our analytical services.
    last_pysTrafficSource7 daysAnonymous cookie used to facilitate the 'PixelYourSite' plugin which manages our analytical services.
    pys_first_visit7 daysAnonymous cookie used to facilitate the 'PixelYourSite' plugin which manages our analytical services.
    pys_landing_page7 daysAnonymous cookie used to facilitate the 'PixelYourSite' plugin which manages our analytical services.
    pys_session_limit1 hourAnonymous cookie used to facilitate the 'PixelYourSite' plugin which manages our analytical services.
    pys_start_sessionsessionAnonymous cookie used to facilitate the 'PixelYourSite' plugin which manages our analytical services.
    pysTrafficSource7 daysAnonymous cookie used to facilitate the 'PixelYourSite' plugin which manages our analytical services.
    viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
    Analytics
    Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
    CookieDurationDescription
    CONSENT2 yearsYouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data.
    vuid2 yearsVimeo installs this cookie to collect tracking information by setting a unique ID to embed videos to the website.
    Advertisement
    Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
    CookieDurationDescription
    VISITOR_INFO1_LIVE5 months 27 daysA cookie set by YouTube to measure bandwidth that determines whether the user gets the new or old player interface.
    YSCsessionYSC cookie is set by Youtube and is used to track the views of embedded videos on Youtube pages.
    yt-remote-connected-devicesneverYouTube sets this cookie to store the video preferences of the user using embedded YouTube video.
    yt-remote-device-idneverYouTube sets this cookie to store the video preferences of the user using embedded YouTube video.
    Save & Accept