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Abry exits Talent Partners to Carlyle after 16 years

22 May 2014

exit 15_sqCarlyle has agreed to buy a majority interest in talent payroll, production support services and rights management provider Talent Partners form fellow private equity firm Abry Partners.

Talent Partners currently provides more than 125 services including talent negotiations and business affairs, traffic and clearance, rights and royalty management and signatory services.

The company has more than 750 clients including 23 of the Top 25 largest US advertising agencies and 23 of the Top 25 largest US advertisers.

Abry backed Talent Partners in 1998.

Carlyle managing director David Stonehill said, “We are impressed by the diverse, global capabilities of Talent Partners, its long-standing relationships with and the quality of its client roster, and its growth potential.

“We look forward to working with Paul and his team to expand their services to new and existing clients in the US and around the world.”

In March it was reported that Abry was nearing a final close of $1.5bn for its latest fund.

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