Touchdown!: WME & Silver Lake Acquire IMG

By | Wednesday December 18, 2013 @ 7:02am PST

Related: WME & Silverlake Deal To Score IMG All But Done

wme-silver-lake__120503004507-e1336005975140It’s done now. After some last-minute tweaking of the finer points of the $2.2 billion deal, talent, management and licensing powerhouse IMG Worldwide has been acquired by WMERead More »

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WME & Silver Lake Deal To Score IMG All But Done

By | Tuesday December 17, 2013 @ 6:09pm PST

wme silver lakeThe Hollywood agency and its financial cohort Silver Lake Partners have emerged from a pack of deep-pocketed suitors and are near a deal to acquire talent and management powerhouse IMG Worldwide. Deal figures have been murky during this entire bidding process, but we’re hearing the sale price is around $2 billion. A deal is imminent, we’re told, but no announcement is coming tonight. Other details: IMG, the powerhouse firm that reps athletes and models among several divisions, would function independently under the new structure, but its owners Forstmann Little would have have no equity stake.

Related: WME Sets Silver Lake As Strategic Digital Equity Partner

img100If and when this one makes, it will enlarge agency powerhouse WME and put the latest feather in the caps of WME co-CEOs Ari Emanuel and Patrick Whitesell, who have been focused on big-picture growth since their Endeavor merged with William Morris in 2009. Since then they have expanded WME’s reach on several fronts including digital, culminating in May 2012 when WME and Silver Lake launched their strategic digital partnership, with the private equity firm acquiring a 31% non-controlling stake in the agency. Read More »

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Cash Windfalls For WME Agents, Assistants

EXCLUSIVE: A lot of WME staffers tomorrow get handed checks courtesy of that recent deal with strategic equity partner Silver Lake Partners. The agency won’t say who gets how much, but a source tells me, “There are some checks that … Read More »

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It’s Official: WME-Silver Lake Announcement

By | Wednesday May 2, 2012 @ 10:55am PDT

EXCLUSIVE: WME Sets Silver Lake As Strategic Digital Equity Partner In Exchange For 31% Non-Controlling Minority Interest Of The Agency

BEVERLY HILLS, CA AND MENLO PARK, CA – May

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WME Sets Silver Lake As Strategic Digital Equity Partner In Exchange For 31% Non-Controlling Minority Interest Of The Agency

It’s Official: WME-Silver Lake Announcement

BREAKING… EXCLUSIVE… UPDATED: WME held a mandatory staff meeting this morning to announce internally that a “strategic equity partner”, techno-savvy Silver Lake Partners, is taking a 31% non-controlling minority Read More »

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