Episode 103: Providence Equity Buys Out The Team (fka Wasserman)
Providence Equity Partners is finalizing a buyout of the remaining stake in The Team — the sports and talent agency formerly known as Wasserman — taking full control of an asset it already owned 60% of. The monthslong auction ended not with a splashy strategic buyer, but with the incumbent P.E. firm consolidating its position. For agents, representation professionals, and anyone tracking how private equity is reshaping the talent business, this deal has real structural implications. Key Takeaways: Providence Equity Partners already held 60% of The Team (fka Wasserman) and is now finalizing a…
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