M&A Deal Summary

Live Nation Acquires AC Entertainment

On October 31, 2016, Live Nation acquired media company AC Entertainment

Acquisition Highlights
  • This is Live Nation’s 23rd transaction in the Media sector.
  • This is Live Nation’s 11th transaction in the United States.
  • This is Live Nation’s 1st transaction in Tennessee.

M&A Deal Summary

Date 2016-10-31
Target AC Entertainment
Sector Media
Buyer(s) Live Nation
Deal Type Add-on Acquisition

Target

AC Entertainment

Knoxville, Tennessee, United States
AC Entertainment, Inc. is a live entertainment company offering promotion, production, booking and marketing for concerts and festivals, club and theater booking, management, event marketing and sponsorship services.

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Buyer(S) 1

Buyer

Live Nation

Beverly Hills, California, United States

Category Company
Founded 2005
Sector Media
Employees14,700
Revenue 22.7B USD (2023)
DESCRIPTION
Entrance to Live Nation's headquarters in Beverly Hills, California.
Entrance to Live Nation's headquarters in Beverly Hills, California.

Live Nation is a live entertainment company. Live Nation produces live music concerts; owns, operates, has exclusive booking rights for or has an equity interest in 148 venues, including House of Blues music venues and locations such as The Fillmore in San Francisco, the Hollywood Palladium, the Ziggo Dome in Amsterdam and The O2 Dublin; provides ticketing sales and marketing services; and provides artist management services. Live Nation was formed in 2005 and is based in Beverly Hills, California.


DEAL STATS #
Overall 29 of 44
Sector (Media) 23 of 35
Type (Add-on Acquisition) 26 of 37
State (Tennessee) 1 of 1
Country (United States) 11 of 17
Year (2016) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-15 Musictoday

Crozet, Virginia, United States

Musictoday LLC is a provider of direct artist-to-fan e-commerce tools for artists he managed.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-22 Sweden Rock Festival AB

Sweden

Sweden Rock Festival AB is an operator and festivals in sweden. Every year the festival attracts 33 000 visitors to Sölvesborg in Southern Sweden, where about 80 artists perform on five stages during four days.

Buy -