TEG owner ‘to launch sales process in April’

The owner of TEG is reportedly planning to launch a sales process for the Australasian live entertainment powerhouse this April. Silicon Valley-based private-equity firm Silver Lake acquired TEG from Affinity Equity Partners, another investment company, in 2019.

The owner of TEG is reportedly planning to launch a sales process for the Australasian live entertainment powerhouse this April.

Silicon Valley-based private-equity firm Silver Lake acquired TEG from Affinity Equity Partners, another investment company, in 2019.

According to a report in The Australian, the possible sale is expected to be led by investment bank Jefferies.

“It is logical for private-equity firms to be the most likely buyers,” reads the report, as cited by The Music Network, noting there was the opportunity “for a strategy player to be competitive…

You've used your free article this month

Create a free account to read 3 articles per month, or subscribe for unlimited access.

Create a Free Account Subscribe

Already have an account? Sign in