PREVIOUSLY, September 7 AM:Creative Artists Agency has a new majority owner in French billionaire Francois-Henri Pinault.
After months of negotiations.
The transaction is expected to be completed later this year.
CAA, François-Henri Pinault, Bryan LourdGetty
Jim Burtson, who led the CAA deal team, will continue as President.
We are enormously grateful to TPG for their strategic expertise, invaluable support, and friendship over 13 years.
We enjoyed tremendous growth and success together and look forward to continuing to collaborate on projects ahead.
She is represented by CAA where her team has been led by Lourd.
We look forward to supporting the agencys very bright path ahead.
Ropes & Gray LLP served as legal counsel to TPG.
Sullivan & Cromwell LLP served as legal counsel to Temasek.
