Wednesday, June 29 2022


LOS ANGELES–(COMMERCIAL THREAD) – Leading sports and entertainment agency Creative Artists Agency (CAA) today announced the signing of a definitive agreement to acquire ICM Partners (ICM), a leading entertainment and in the world, to ensure a broader and more inclusive representation of their clients, their work and their brands shape culture.

“Today’s storytellers, athletes, thought leaders and trendsetters who can move, inspire and attract large global audiences have an unprecedented opportunity and capacity to achieve their goals and aspirations ”, said said Bryan Lourd, Kevin Huvane and Richard Lovett of CAA. “The strategic combination of CAA and ICM strengthens our collective resources, expertise and relationships to provide even more opportunities for our world-class clients to build their careers and brands across multiple disciplines and platforms in a changing market . Our strong financial position allows us to continue to develop and diversify our business, with service and representation remaining at the heart of what we do and who we are. We are fortunate to have a partner in ICM who shares our commitment to the broadest and most inclusive vision possible of what our clients and our business can accomplish together.

“We are delighted to partner and combine our strengths with the talented CAA team, ”said Chris Silbermann of ICM, who will join CAA’s board of shareholders. “Together, we will build on our accomplishments and our entrepreneurial spirit, and continue to demonstrate an unwavering commitment to the best interests of our clients, as well as empowering new and diverse voices within the industry.

The complementary combination of CAA and ICM will create deeper, broader and more competitive opportunities for clients in the ever-changing landscapes of entertainment, media and sports. The ICM brings to CAA a global roster of artists from the fields of film, television, music, comedy, theater, games, politics and podcasting. ICM’s industry-leading Books Division is a perfect complement to CAA’s content-focused film, television and podcasting businesses, in addition to its loudspeakers and other divisions. Additionally, London-based ICM Stellar Sports serves more than 800 clients worldwide and has offices in 10 countries.

CAA is a leading entertainment, media and sports company with global expertise in film, television, music, sports, theater, digital media, publishing, media funding, consumer investment, fashion, podcasting, public speaking, games and philanthropy. . Led by a world-class leadership team and distinguished by its collaborative culture and exceptional customer service, CAA’s diverse workforce identifies and innovates opportunities for the people and organizations that shape the culture and inspire the world. . CAA was the first entertainment talent agency to start a sports business, establish an investment bank, launch a venture capital fund, found tech start-ups, and establish a business in China, among others. industry innovations. A subsidiary of CAA, Entertainment Benefits Group (EBG) is a leading entertainment and corporate travel company with more than 40,000 customers and 60 million users. Founded in 1975, CAA is headquartered in Los Angeles and has a significant presence in New York, Nashville, London, Beijing and Shanghai, as well as offices in Atlanta, Charlotte, Chicago, Dallas, Denver, Geneva, Jacksonville, Las Vegas, Memphis, Miami, Munich, Orlando, Stockholm and Toronto, among others in the world. For more information, please visit www.caa.com.

ICM is one of the world’s leading entertainment, media and sports agencies, dedicated to the global representation of artists, content creators, broadcasters, authors, artisans, journalists and athletes. in the fields of cinema, television, sport, publishing, theater, music and performing arts. , podcasting, branding, recommendations, product placements, sponsorship, advertising, broadcasting, public speaking and politics. Originally founded in 1975 under the name of International Creative Management, then renamed ICM Partners in 2012, ICM has the expertise and influence of a traditional agency and an innovative entrepreneurial spirit dedicated to serving its customers around the world with passion and distinction. ICM has offices in Los Angeles, New York, Washington DC and London, and strategic partnerships in Europe, Asia and beyond. For more information, please visit www.icmpartners.com.

The transaction is expected to close later this year, subject to the satisfaction of customary closing conditions, including receipt of regulatory approvals. Financial terms were not disclosed.

Advisers

Allen & Company LLC served as financial advisor to CAA and Wachtell, Lipton, Rosen & Katz as legal advisor.

Lazard served as financial advisor to ICM, with Sheppard Mullin and Davis Polk & Wardwell LLP as legal advisers.


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