• Loading stock data...
Monday, October 6, 2025

CAA Forms Sports-Focused Investment Bank In Continued Expansion Push

  • Powerhouse agency looks to further expand dealmaking capabilities
  • Latest deal advances a wave of consolidation in the business
CAA logo on side on building
Shutterstock

In one of the first major moves since being acquired in September by French billionaire Francois-Henri Pinault in a $7 billion deal, Creative Artists Agency is forming a new sports-focused investment bank in partnership with dealmaker Michael Klein. 

CAA’s merchant bank Evolution Media Capital is working with M. Klein & Company to create CAA Evolution, a new investment bank and advisory firm targeting the global sports, media, and entertainment industries. 

The new entity will work on deals such as multibillion-dollar team sales and media company maneuvers, as well as advise on capital raising such as initial public offerings — areas previously considered largely outside the scope of CAA and Evolution Media Capital. The move pushes the agency into the kind of large-scale deal financing and advising that has been the province of firms such as the Raine Group and LionTree.

Over the past year, much of the agency world has seen an accelerating push for scale as consolidation continues to sweep through the business. Most recently, Excel Sports Management acquired REP 1 Football, bringing that agency into on-field player contract work for NFL players. 

MKC will continue to operate as a separate firm outside of sports, media, and entertainment. 

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

More Dildo Throwing During WNBA Games Leads to Second Arrest

The 18-year-old threw a dildo that hit another fan and his young niece.

Smelling Salts Not Banned in the NFL, but Teams Can’t Hand Them..

Teams are banned from supplying smelling salts to their players.

March Madness Fields Will Stay Put at 68—at Least Until 2027

NCAA tournament expansion is still on the table for 2027.

Featured Today

Paul Cartier

Sports Organists Are Still Thriving in the Era of Raucous Arena Music

“When they walk out and they see a real organ guy, it’s like, ‘Wow.’”
Sep 27, 2025; Milwaukee, Wisconsin, USA; Milwaukee Brewers center fielder Jackson Chourio (11) rounds the bases after hitting a home run during the sixth inning against the Cincinnati Reds at American Family Field.
October 4, 2025

Milwaukee Moneyball: Brewers Are Beating MLB’s Deeper Pockets

Milwaukee is holding its own against big-budget competitors.
Kōloa Rum Company Rum Rusher
September 27, 2025

Panthers Bubbly, Jets Wine, Manning Whiskey: The Sports Booze Boom

A sommelier dives into the sports booze trend—and tries Jets wine.
Nov 17, 2024; Pittsburgh, Pennsylvania, USA; Pittsburgh Steelers fans wave Terrible Towels against the Baltimore Ravens during the fourth quarter at Acrisure Stadium
September 26, 2025

Steelers’ Irish Roots Are Deeper Than NFL Dublin Game

The Steelers have history and the foundation for a future in Ireland.
Louisville’s Miller Moss and several of his teammates stopped by Olympus Gaming Lounge to play EA Sports College Football 26 with fans for a meet and greet. July 11, 2025

Saudis, Silver Lake, Jared Kushner Take EA Private in $55B Deal

Electronic Arts makes “Madden,” “EA Sports College Football,” and more.
Apr 26, 2025; San Francisco, California, USA; Houston Rockets guard Fred VanVleet (5) before game three of first round for the 2024 NBA Playoffs against the Golden State Warriors at Chase Center.
June 25, 2025

Rockets Get $20 Million in Wiggle Room From New VanVleet Deal

VanVleet first signed with the Rockets in 2023.
July 6, 2025

American Celebs Want to Be Sports Owners. Soccer Is Where They Start

As U.S. team prices climb, investors set their sights abroad.
Sponsored

How Soccer Star Jozy Altidore Became a Buffalo Bills Owner

Jozy Altidore discusses building a business legacy off the field.
June 24, 2025

Timberwolves’ 4-Year Ownership Saga Ends As A-Rod, Lore Take Over

The unanimous approval brought a clean end to a long-disputed transaction.
April 20, 2025

Max Verstappen Linked to $300M Aston Martin Deal Ahead of Miami GP

Aston Martin is currently seventh in the constructors championship.
March 27, 2025

Peyton Manning’s Omaha Productions Gets PE Boost

The Hall of Famer’s company gains another prominent backer.
March 20, 2025

High School Sports Power Signs Eight-Figure Rights Deal in First

The deal pays roughly $1 million annually, FOS has learned.