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Confirmed: Providence Equity taking full control of THE•TEAM, buying out founder Casey Wasserman
['Mandy Dalugdug']
Music Business Worldwide
Providence Equity Partners is set to take full control of THE•TEAM, the sports, music and entertainment agency formerly known as Wasserman.
“We’re incredibly excited to further strengthen our partnership with THE•TEAM,” said Davis Noell, Senior Managing Director and Co-Head of North America at Providence.
Within THE•TEAM, the music business operates as Wasserman Music, launched in 2021 through the acquisition of Paradigm Talent Agency’s North American live music representation business.
As majority investor, Providence said it will continue to support organic growth and M&A across THE•TEAM’s operations in sports, music and entertainment.
Music Business Worldwide