CAA buys Beyond Sports, Goviva

Creative Artists Agency said Monday that it acquired two corporate hospitality companies, Beyond Sports & Entertainment and Goviva. Financial terms weren’t announced. Both will join Inside Sports & Entertainment Group, a CAA portfolio group. CAA is backed by TPG.

PRESS RELEASE

LOS ANGELES–(BUSINESS WIRE)–Creative Artists Agency (CAA) announced today that it has acquired two industry leaders in corporate hospitality – Beyond Sports & Entertainment (BSE) and Goviva. Goviva and BSE will join forces with Inside Sports & Entertainment Group (ISEG), acquired by CAA in February 2014, to form CAA Premium Experience, a best-in-class, full-service hospitality, event management, and marketing practice.

CAA Premium Experience features:

  • More than 50 employees working with Fortune 500 companies across hundreds of global sports and entertainment events annually.
  • State-of-the-art client service in the areas of corporate hospitality, personal appearances, and sales incentive programs.
  • Connection to CAA’s vast resources and relationships within the global sports and entertainment communities.
  • Access to every major global event and deep expertise in building unforgettable experiences for corporate customers across a wide range of lifestyle properties.

“The Goviva, Beyond Sports & Entertainment, and Inside Sports & Entertainment Group collective makes CAA Premium Experience the industry leader in the customer hospitality business,” said CAA Sports Co-Head Michael Levine, who alongside Howard Nuchow, Co-Head, CAA Sports, will lead CAA Premium Experience. “We have strategically combined the creativity, innovation, and exceptional client service of the world’s most accomplished corporate hospitality executives and organizations with CAA’s unmatched resources and relationships within entertainment, sports, and pop culture to create a division that will deliver world-class VIP experiences for customers globally.”

Founded by Robert Tuchman, Will Steinberg, and Brett Sklar in 2011, Goviva is headquartered in New York City. Goviva specializes in curating and fulfilling once-in-a-lifetime experiences in the areas of sporting events, entertainment, arts & fashion, and food & wine, both domestically and internationally. In the past 12 months, Goviva has executed programs in conjunction with the Pacquiao vs. Mayweather fight, World Cup, and a multitude of culinary and entertainment events, among many others. Prior to creating Goviva, Tuchman founded TSE Sports & Entertainment, a full-service experiential company that he sold to private equity firm Pfingsten Partners in 2006.

“As part of the CAA family there is no doubt that we will now be able to deliver the absolute best in hospitality to our customers,” said Tuchman. “CAA provides an unparalleled arsenal of experiential opportunities that will make for incredible offerings for buyers of our services.”

Founded in 2007 by Ari Strulson, Kyle Olson, and Jason Marshall, BSE specializes in VIP experience packages, special events, ticket concierge services, and personal appearances, and has successfully helped companies, consumers, and brands build unforgettable experiences surrounding the world’s most prestigious events.

“If you had asked us seven years ago when we founded Beyond Sports & Entertainment what we envisioned for the future of our company, I never could have dreamed that we would become part of CAA, and be able to provide our clients this level of access and outstanding service,” said Strulson.

Last year, CAA acquired ISEG, which has since experienced tremendous year-over-year revenue growth. ISEG has partnerships with teams, leagues, venues, and properties around the world; manages hundreds of events a year, including corporate events, experiences, personal appearances, and meetings; conceptualizes and facilitates full-scale hospitality programs; and develops national and global integrated marketing campaigns for Fortune 500 companies.

CAA Premium Experience’s expertise and vast network of relationships, coupled with its deep commitment to customer service, will be complementary to CAA Sports’ highly successful property sales, sponsorship, and corporate consulting efforts.

CAA Sports’ industry-leading Property Sales team is comprised of many of the most accomplished executives in sports, with experience ranging from professional teams and leagues to agencies and brand management. CAA Sports currently represents such clients as the San Francisco 49ers, NCAA, Madison Square Garden, FC Barcelona, Chelsea FC, AS Roma, the Golden State Warriors, and Red Bull Racing, and has negotiated more than $3 billion in sponsorship transactions.

Since launching its Corporate Consulting practice in October 2011, CAA Sports advises, manages and activates more than $1.5 billion in sponsorship rights deals on behalf of leading global brands, including JPMorgan Chase, Emirates Airline, Time Warner Cable, Farmers, Mitsubishi Electric, Zurich, CDW, Web.com, The Bose Corporation, and Mondelēz, among others.

ABOUT CREATIVE ARTISTS AGENCY (CAA)

Leading entertainment and sports agency Creative Artists Agency (CAA) represents many of the most innovative and successful professionals working in film, television, music, video games, theatre, fashion, and digital content, and provides a range of strategic marketing and consulting services to corporate clients.

The four-time recipient of the award for “Best in Talent Representation and Management,” presented by the Sports Business Journal, CAA Sports, a division of CAA, represents more than 1,000 of the world’s best athletes in such sports as baseball, football, hockey, basketball, soccer, tennis, and golf, in addition to coaches, on-air broadcasters, and sports personalities. Beyond traditional athlete representation, CAA Sports provides unique opportunities for clients off the field, in areas including licensing, endorsements, speaking, philanthropy, books, and video games. CAA Sports also works in the areas of broadcast rights, corporate marketing initiatives, and sports properties for sales/sponsorships. For more information about CAA Sports, visit sports.caa.com.