July 09, 2024
Weil advised Providence Equity Partners and its portfolio company, TAIT, a global leader in live experiences, in the sale of TAIT to the Private Equity business at Goldman Sachs Alternatives, subject to obtaining customary regulatory approvals.
For over 45 years, TAIT has been a trusted partner to some of the world's most influential artists, brands, and institutions. Working across live experience, brand experience, placemaking, and location-based experience markets, TAIT has created iconic productions and experiences in over 30 countries, all seven continents, and even outer space. Superbowl half-time extravaganzas, award winning theme parks, World Expo pavilions, Olympic Opening ceremonies and much more have been brought to life through their global multi-disciplinary team. Goldman Sachs brings a global platform, deep experience in the media, entertainment, and technology sectors and other value creation resources to support TAIT in its next chapter of growth.
The Weil team was co-led by U.S. Private Equity Co-Head Ramona Nee and Private Equity partner Jakub Wronski and included Private Equity associates Kathleen Conley, Anna Gamayunov, Lydia Cuddeback, Alesha Ignatius Brereton and Jason Grimes; Banking & Finance partner Benton Lewis, counsel Veronica Bonhamgregory and associates Samantha Patel and Nicole Reynolds; Tax partner Noah Beck and associates Kyle Jackson, Andrew Lawson and Jay Perry; Executive Compensation & Benefits partner Jennifer Britz and associate Sanjana Rao; Regulatory Transactions partner Timothy Welch; Technology & IP Transactions partners Dennis Adams and Olivia Greer and associate Dominic Farchione; Employment Head John Barry, partner Rebecca Sivitz and associate Kate Belsito; and U.S. Antitrust Co-Head Jeffrey Perry, counsel Carla Hine and associate Jordan Fason.