CAA is back in business with former majority owner TPG — with the two companies teaming up to buy creator-led companies.

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CAA and TPG’s Integrated Media Company (IMC) have formed Compound Creative Holdings, a $250 million holding company “designed to acquire, operate and grow a portfolio of leading Creator Economy businesses,” they said in a press release.

Compound will “partner with the artists, entrepreneurs and independent voices of today who are reshaping entertainment, and provide patient capital, operational infrastructure, and commercial edge,” CAA and IMC said.

Tucker Brown, most recently a partner at CAA Evolution and former investment banking analyst, will lead Compound as managing partner. The holding company will be overseen by an executive committee comprising CAA’s Kevin Huvane, Jim Burtson and Maya Ho and IMC’s Jon Miller, Ori Winitzer and Ben Loffredo. CAA Creators agent Andrew Graham and CAA strategic development executive Adam Goldstein will serve as advisers.

“Compound brings together creative vision and financial resources to open doors to opportunities unlike any other,” said Kevin Huvane, co-chairman of CAA. “Creators around the world are building full-fledged media companies with direct audience connections and true ownership of their intellectual property. Compound is built to fuel that momentum and reflects our commitment to helping creators amplify their impact.”

Ori Winitzer, managing partner at IMC, added: “The Creator Economy is rich with investment opportunity and capital formation has just begun. However, capital alone is insufficient, especially in this category. Our excitement is a function of both the secular opportunity and the benefits of approaching it with the world’s preeminent talent firm. For fifty years CAA has created value for the most influential artists and tastemakers; this timely initiative represents an opportunity to do even more.”

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Brown brings more than 15 years of experience advising entertainment, sports and media companies at CAA Evolution. His deals in the category include facilitating YouTube collective Dude Perfect’s $100 million-plus growth investment and MeidasTouch Network’s recent investment from Soros Fund Management.

“Creators are no longer just talent, they are enterprise builders and increasingly operate with the scale and sophistication of established media companies,” Brown said in a statement. “Our goal is to provide the appropriate capital architecture and operational support necessary to help these businesses grow sustainably and capture lasting value.”

Private-equity giant TPG had formerly been the majority owner of CAA. In 2023, French billionaire Francois-Henri Pinault completed his acquisition of a majority stake in CAA through his family investment company Artemis.

Both CAA and IMC will contribute their combined resources to support Compound. According to the companies, the “Compound” name “captures the spirit of a creative community, one where creators, artists, and innovators come together to collaborate and inspire one another.”

Compound will operate independently from CAA’s existing creator business. CAA Creators, which represents more than 300 top creators, will continue under CAA senior leader Brent Weinstein.

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