Hollywood Talent Agency Gersh Nabs Growth Capital From Crestview
- Crestview’s investment is for a 45% stake in the business
- Crestview owned talent firm ICM before sale to TPG-backed CAA
Private equity firm Crestview Partners has acquired a minority stake in The Gersh Agency, the Hollywood talent agency representing Spike Lee and actors including J. Smith Cameron, who plays as Gerri in the HBO hit television series Succession.
Crestview is buying a 45% stake in the company, according to a person familiar with the matter, who asked to not be identified because the terms aren’t public. It’s not clear how much the deal values Gersh, who’s partnership group retains a majority stake.