Talent agency Wasserman has completed the acquisition of United Kingdom-based CSM Sport & Entertainment, expanding Wasserman’s service offerings and geographic footprint in the sports, music, entertainment and culture industries. CSM will continue to operate independently through the end of the year before fully integrating with Wasserman in 2024.
The deal expands Wasserman’s reach and network of service across 27 countries and 62 cities worldwide.
“The completion of the Wasserman-CSM deal is another exciting and important milestone in Wasserman’s growth as we continue to build a company that serves the best talent, brands and properties across the world,” said Wasserman chair/CEO Casey Wasserman in a statement. “I, along with the entire Wasserman team, am looking forward to working with Matt Vandrau and his colleagues as part of a world-class management group running a global platform that powers the business of sports, music, entertainment and culture.”
CSM group CEO Matt Vandrau added: “We are hugely excited about the future following the completion of the Wasserman-CSM acquisition. For me, this is more than a sale of our business. It’s the combining of expertise that brings together the brightest and the best in the world of sport, music, entertainment and culture. This is the start of what will be an incredible new chapter, and I look forward to working alongside Casey and team to ensure sustainable success.”
CSM marks the 12th acquisition for Wasserman in the past two years. Last month, Wasserman acquired legendary entertainment management and production company Brillstein Entertainment Partners, formally launching its entertainment vertical. And in April 2021, it acquired Paradigm to form Wasserman Music.
