Entertainment 360 Expands with Carlyle Group Investment
Deal News | Jan 30, 2025 | The Carlyle Group
Entertainment 360, an eminent talent management company, announced it will receive a strategic investment from The Carlyle Group, marking an unprecedented moment in its 22-year history as it welcomes outside funding. This partnership is intended to bolster Entertainment 360's capabilities to create opportunities for artists in the dynamic entertainment industry. Leadership at Entertainment 360 will remain unchanged, focusing on delivering extraordinary results for clients. Carlyle Group brings its vast financial resources and industry expertise to the table, with the aim of fostering growth and risk-taking in talent management and production. The Carlyle Group, known for its $194 billion in assets under management, has been actively investing in the sports, media, and entertainment sectors since 2017. The partnership is supported by advisory services from The Raine Group and Venable LLP for Entertainment 360, while Carlyle received advisement from Latham & Watkins LLP.
Sectors
- Entertainment
- Private Equity
Geography
- United States – Entertainment 360 and the Carlyle Group are both based in the United States, making this a relevant geography for the article.
Industry
- Entertainment – This sector includes the talent management and production activities that form the core of Entertainment 360's business.
- Private Equity – This sector pertains to Carlyle Group's role in providing strategic investment.
Financials
- $14 billion – The amount Carlyle Group has deployed in the sports, media, and entertainment sectors since 2017.
- $194 billion – Assets under management by Carlyle Group's Global Credit platform as of September 30, 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Entertainment 360 | Target Company | Company | A premier talent and literary management company engaging in talent management, development, and production. |
| Carlyle Group | Investor | Company | A global investment firm providing the strategic investment to Entertainment 360. |
| The Raine Group | Advisor to Entertainment 360 | Company | Acted as a financial advisor to Entertainment 360 during the transaction. |
| Venable LLP | Advisor to Entertainment 360 | Company | Provided legal advisory services to Entertainment 360 for the deal. |
| Latham & Watkins LLP | Advisor to Carlyle | Company | Provided legal advisory services to Carlyle Group. |