EQT X, managed by EQT Partners AB, agreed to acquire a stake in United Talent Agency, LLC from Investcorp Holdings B.S.C., Public Sector Pension Investment Board and others on July 18, 2022. As part of the transaction, Investcorp will sell its full minority stake to EQT, and EQT will also purchase a portion of existing stakes from continuing shareholders including Public Sector Pension Investment Board. The transaction is expected to close later in July 2022. Moelis & Company LLC acted as financial advisor and Skadden Arps, Slate, Meagher & Flom LLP acted as legal advisor to United Talent Agency. Douglas P. Warner, Robert Rizzo, Timothy C. Welch, Olivia J. Greer, Ivor Gwilliams, Thomas Weatherill, Rebecca Sivitz, Barrett Schitka, Ariel Kronman, Bambo Obaro, Dennis F. Adams III, Douglas P. Warner, James Harvey, Jenna McBain, Jennifer Haydel Britz, Jonathan J. Macke, Michael Nissan, Paul J. Overmyer, Robert Rizzo of Weil, Gotshal & Manges acted as legal advisor for EQT and Bain & Company acted as commercial advisor.

EQT X, managed by EQT Partners AB completed the acquisition of United Talent Agency, LLC from Public Sector Pension Investment Board and Investcorp Holdings B.S.C. on August 1, 2022.