The investment aims to support Entertainment 360’s expansion while ensuring that its existing leadership continues overseeing daily operations.
In an internal announcement, the company’s board highlighted that the partnership would enhance opportunities for clients in an evolving entertainment landscape. They praised Carlyle for its alignment with Entertainment 360’s values and its commitment to fostering entrepreneurial talent and creative innovation.
Ben Fund, Managing Director and Partner at Carlyle, expressed confidence in Entertainment 360’s potential, emphasizing the firm’s long-standing success in talent management and the opportunities for further growth.
Carlyle has invested more than $14bn in sports, media, and entertainment since 2017. Its Global Credit platform, managing $194bn in assets as of September 2024, focuses on private credit and capital solutions for top-tier companies.
The Raine Group and Venable LLP advised Entertainment 360 on the transaction, positioning the company for continued expansion in the competitive talent management sector.
Source: PR Newswire
If you think we missed any important news, please do not hesitate to contact us at news@pe-insights.com.
‘ The preceding article may include information circulated by third parties ’
‘ Some details of this article were extracted from the following source pe-insights.com ’
