PSP Investments, Investcorp acquire minority stake in talent shop UTA


PSP Investments, Investcorp, Canada, private equity, United Talent Agency, Hollywood, merger, M&A
The Hollywood sign. Photo courtesy 4kodiak/iStock Unreleased/Getty Images
  • PSP Investments, Investcorp buy into Hollywood talent firm
  • Deal values UTA at estimated $800 mln: Bloomberg
  • UTA group continues to hold majority of company
Public Sector Pension Investment Board and Investcorp have acquired a minority interest in United Talent Agency, a Hollywood talent business. Terms weren’t disclosed. A source told Bloomberg the deal values UTA at about $800 million. UTA’s partnership group, which include CEO ...

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