RedBird Capital Partners and StepStone Acquire Majority Stake in Talent Systems

RedBird Capital Partners and CJ ENM Lead $275M Strategic Investment in Skydance Media

February 11, 2020

Media & Entertainment

Skydance Media received a $275 million strategic investment led by RedBird Capital Partners and CJ ENM, valuing the company at $2.3 billion. The round—also supported by existing investors including the Ellison family and Tencent—aims to expand Skydance's global reach across film, television, animation and interactive platforms, with a particular emphasis on strengthening presence in the APAC region.

Talent Systems Acquires Spotlight

January 21, 2021

Media & Entertainment

Talent Systems, a Caltius Equity Partners portfolio company headquartered in Los Angeles, has acquired Spotlight, the leading UK online casting platform founded in 1927. The acquisition is Talent Systems' fourth strategic buy since 2017 and is intended to strengthen its market position and product offerings for casting directors, agents and performers worldwide.

RedBird Capital Partners Makes Significant Growth Investment in Go Rentals

July 10, 2023

Transportation

RedBird Capital Partners has made a significant minority investment in Go Rentals, the U.S.-based luxury car rental provider, with Main Street Advisors participating alongside RedBird. The founders will remain in place and RedBird partners will join Go Rentals' board as the company looks to accelerate growth across private aviation, sports, entertainment and other premium end markets using RedBird's ecosystem.

RedBird Capital Partners Acquires AC Milan (Yankees Take Minority Stake)

August 31, 2022

Media & Entertainment

RedBird Capital Partners completed the acquisition of Associazione Calcio Milan (AC Milan) for €1.2 billion and will invest in the club's sporting, commercial and infrastructure initiatives. Yankee Global Enterprises (owner of the New York Yankees) entered a strategic partnership and acquired a minority equity stake to help broaden fan reach and commercial opportunities.

StepStone Acquires Appcast

July 1, 2019

Cloud & SaaS

StepStone has acquired a majority stake in Appcast, a U.S.-based programmatic job advertising and recruitment ad tech provider. The acquisition brings Appcast’s Clickcast SaaS platform and programmatic capabilities into StepStone’s global job-board and recruitment technology portfolio, and follows prior investment in Appcast by Baird Capital.

Broadtree Partners Makes Strategic Investment in RedCAT Systems

May 31, 2019

Cloud & SaaS

Broadtree Partners, a Charlotte-based private equity firm, completed a strategic/growth investment in RedCAT Systems, a Boulder-based human resources SaaS provider, on May 31, 2019. The capital is intended to help RedCAT scale its team and sales organization and to support development and rollout of new value-added modules for its HR platform.