We are advising ICM on the transaction

Davis Polk is advising ICM Partners on its acquisition by Creative Artists Agency. The transaction is expected to close later this year, subject to the satisfaction of customary closing conditions, including the receipt of regulatory approvals. Financial terms were not disclosed.

ICM is one of the world’s premier entertainment, media, sports agencies, dedicated to the global representation of artists, content creators, broadcasters, authors, artisans, journalists and athletes in film, television, sports, publishing, theater, music, live performance, podcasting, branding, endorsements, product placements, sponsorship, commercials, broadcasting, speaking and politics. CAA is a leading entertainment, media and sports enterprise, with global expertise in motion pictures, television, music, sports, theater, digital media, publishing, endorsements, media finance, consumer investing, fashion, podcasting, speaking, games and philanthropy.

The Davis Polk corporate team includes partner Michael Davis and associate Joshua B. Pittell. Partner Jesse Solomon is providing antitrust and competition advice. Partner Ethan R. Goldman and associate Elina Khodorkovsky are providing tax advice. Partner Veronica M. Wissel and associate Tessa Patti are providing executive compensation advice. Members of the Davis Polk team are based in the New York and Washington DC offices.