After nearly 75 years of family ownership, Gersh Agency has sold a 45% stake in the company to private equity firm Crestview Partners. Gersh Agency chiefs Bob Gersh and David Gersh said the investm…
Gersh Agency chiefs Bob Gersh and David Gersh said the investment from Crestview is designed to help the agency grow in new areas to better represent its core client base. The deal calls for the brothers to continue to stay at the helm. Leslie Siebert, Gersh Agency veteran who has long served as managing partner, has been promoted to co-president status alongside Bob and David Gersh.
David Gersh added, “We are very proud of our agency and all we, and our clients, have accomplished together. The opportunity to partner with Crestview will provide us greater flexibility to advance as an institution. We have a prestigious, diverse, and tightly held group of agents and clients. We will continue our unique brand of representation and will always hold ourselves to the highest standard of hands-on bespoke representation.
Gersh Agency formally opened its doors in 1949, founded by Phil Gersh, father of Bob and David, after he served in the Army during World War II. He’d worked for famed talent agent Sam Jaffe as well as Famous Artists Agency before hanging out his own shingle. Bob Gersh joined the family firm in the late 1970s; David Gersh signed on in the late 1980s after establishing himself as a lawyer.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Gersh Sells Minority Stake to Private Equity Firm Crestview PartnersThe agency run by David Gersh, Leslie Siebert and Bob Gersh is the latest to take on outside financing.
Weiterlesen »
Gersh Agency Sells 45% Stake To Private Equity Firm Crestview Partners; Leslie Siebert Upped To Co-PresidentMarking the first time in 70 years that it hasn’t been totally owned within the family, The Gersh Agency has sold a 45% stake to New York-based private equity firm Crestview Partners. The talent ag…
Weiterlesen »
Humanity’s Outpost in Space: Partners Pledge Extension of the International Space StationThe International Space Station (ISS) partners have committed to extending its operations, with the United States, Japan, Canada, and European Space Agency (ESA) countries supporting it until 2030, and Russia until 2028. The ISS has been a unique platform for conducting cutting-edge science and r
Weiterlesen »
NREL & Partners Build All-Data Approach for Automated Grid Recovery - CleanTechnicaNREL & Partners Build All-Data Approach for Automated Grid Recovery, Homes with rooftop solar. Rooftop solar and assorted
Weiterlesen »
I have a micropenis — this is how I break the news to sexual partnersShlong story short: The long-suffering fellow has mastered the art of small talk.
Weiterlesen »