M&A Deal Summary

Temasek Holdings and Artemis SA Acquire CAA

On September 7, 2023, sovereign wealth fund Temasek Holdings and Artemis SA acquired media company CAA from TPG and Temasek Holdings

Acquisition Highlights
  • This is Temasek Holdings’ 3rd and Artemis SA’s 1st transaction in the Media sector.
  • This is Temasek Holdings’ 15th and Artemis SA’s 2nd transaction in the United States.
  • This is Temasek Holdings’ 5th and Artemis SA’s 1st transaction in California.

M&A Deal Summary

Date 2023-09-07
Target CAA
Sector Media
Buyer(s) Temasek Holdings
Artemis SA
Sellers(s) TPG
Temasek Holdings
Deal Type Add-on Acquisition
Advisor(s) Allen & Company (Financial)
Wachtell, Lipton, Rosen & Katz (Legal)

Target

CAA

Los Angeles, California, United States
CAA is a talent and literary agency that represents the most creative and successful artists working in music, film, television, theatre, sports, and games, and provides a range of strategic marketing services to corporate clients. CAA was founded in 1975 and is based in Los Angeles, California.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 2

Buyer

Temasek Holdings

Investor Investor Investor Investor Investor


Category Sovereign Wealth Fund
Founded 1974
PE ASSETS 434.0B SGD
Size Mega
Type Sector Agnostic
DESCRIPTION

Temasek Holdings is a state-owned investment holding company. Temasek is owned by the government of Singapore and invests directly and indirectly in a broad range of assets and sectors. Target sectors include financial services, telecommunications, media, technology, transportation, industrials, life science, consumer, real estate, energy, and resources. Temasek was formed in 1974 and is based in Singapore.


DEAL STATS #
Overall 46 of 50
Sector: Media M&A 3 of 3
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 5 of 5
Country: United States M&A 15 of 15
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-11 FTX

Saint John's, Antigua and Barbuda

FTX is a cryptocurrency exchange built by traders, for traders. It offers innovative products, including industry-leading derivatives, options and volatility products, tokenized stocks, prediction markets, leveraged tokens, and an OTC desk. FTX is based in Saint John's, Antigua.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-29 Medica Superspecialty Hospital

Kolkata, India

Medica Superspecialty Hospital provides health care at an affordable cost, in a safe and comfortable environment, in a transparent and ethical manner. Medica Superspecialty Hospital was founded in 2010 and is based in Kolkata, West Bengal.

Sell -
Buyer

Artemis SA

Paris, France

Category Company
Founded 1992
Sector Apparel/Textiles
DESCRIPTION

Artemis SA is a provider of apparel and accessories in the areas of Luxury and Sport & Lifestyle .


DEAL STATS #
Overall 2 of 2
Sector: Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-09 Travel Center Partners

Myrtle Beach, South Carolina, United States

Travel Center Partners, Inc. is a provider of convenience stores, gas stations, truck stops/travel centers, branded with restaurants and car washes.

Buy -

Seller(S) 2

SELLER

TPG

Fort Worth, Texas, United States

Investor Investor Investor Investor


Category Private Equity Firm
Founded 1992
PE ASSETS 296.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TPG Capital is a global, mega-sized private investment firm that manages a family of funds focused on private equity, real estate, venture capital, public equity and debt investing. TPG invests in opportunities across a broad range of industries and geographies. TPG generally seeks to invest in established businesses that can benefit from the Firm's operational experience and connections. Industries of interest include consumer, retail, healthcare, industrials, digital media, natural resources, energy, real estate, technology, and software. TPG was formerly known as Texas Pacific Group and was originally established in 1992 by David Bonderman, James Coulter and William Price. The Firm is based in Forth Worth, Texas with additional offices in Europe, Asia, and Australia.


DEAL STATS #
Overall 259 of 277
Sector: Media M&A 6 of 6
Type: Add-on Acquisition M&A Deals 90 of 96
State: California M&A 60 of 64
Country: United States M&A 187 of 199
Year: 2023 M&A 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-17 A-Gas

Bristol, United Kingdom

A-Gas is an independent global specialist blender, re-packer, and distributor of specialty gases and chemicals to the refrigeration and insulation foam industries, primarily focusing on environmentally acceptable replacement products for chlorofluorocarbon (“CFC”) gases and liquids. A-Gas was founded in 1993 and is based in Bristol, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-20 M8 Pharmaceuticals

Brewyn, Pennsylvania, United States

M8 Pharmaceuticals is a pharmaceutical company focused on licensing, marketing, and distributing therapeutics serving Brazil and Latin American markets. M8 Pharmaceuticals was founded in 2007 and is based in Berwyn, Pennsylvania.

Sell -
SELLER

Temasek Holdings

Investor Investor Investor Investor Investor


Category Sovereign Wealth Fund
Founded 1974
PE ASSETS 434.0B SGD
Size Mega
Type Sector Agnostic
DESCRIPTION

Temasek Holdings is a state-owned investment holding company. Temasek is owned by the government of Singapore and invests directly and indirectly in a broad range of assets and sectors. Target sectors include financial services, telecommunications, media, technology, transportation, industrials, life science, consumer, real estate, energy, and resources. Temasek was formed in 1974 and is based in Singapore.


DEAL STATS #
Overall 16 of 20
Sector: Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 9
State: California M&A 3 of 3
Country: United States M&A 6 of 7
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-11 FTX

Saint John's, Antigua and Barbuda

FTX is a cryptocurrency exchange built by traders, for traders. It offers innovative products, including industry-leading derivatives, options and volatility products, tokenized stocks, prediction markets, leveraged tokens, and an OTC desk. FTX is based in Saint John's, Antigua.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-29 Medica Superspecialty Hospital

Kolkata, India

Medica Superspecialty Hospital provides health care at an affordable cost, in a safe and comfortable environment, in a transparent and ethical manner. Medica Superspecialty Hospital was founded in 2010 and is based in Kolkata, West Bengal.

Sell -