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

Jeremy Zimmer, UTA
Jeremy Zimmer, UTA

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…

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