EQT latest private equity firm to enter touring biz
The 'purpose-driven global investment organisation' has agreed to become a strategic investor in one of the 'Big Four' agencies
News By IQ | 19 July 2022
EQT has become the latest private equity firm to enter the international touring business, following in the footsteps of companies like Silverlake, Yucaipa, Providence and Waterland.
The ‘purpose-driven global investment organisation’ today (19 July) announced that the EQT X fund has agreed to become a strategic investor in UTA.
Under the transaction, the UTA partnership and leadership continue to hold the controlling interest in the company, with EQT becoming the largest outside shareholder.
Investcorp, a global alternative investment firm that invested…