After much speculation, literary management company Grandview has been officially acquired by global investment firm TPG and will merge with Untitled, a talent management company previously owned by TPG.
The combined company will be known as Untitled, while TPG announced that its entertainment-focused group launched in the summer when it acquired a majority stake in Untitled will be called Initial Group. In today's announcement, TPG highlighted that Grandview will strengthen Untitled's efforts in artistic representation.
Jeff Silver and Matt Rosen, co-founders of Grandview, will be named managing partners along with Untitled founding partners Jason Weinberg and Stephanie Simon. Grandview's Merideth Bajana, Jeremy Platt and Ben Rowe will join Untitled partners Evan Hainey, Elise Konialian, Jennifer Levine, Jason Newman, Steven Nossokoff and Alissa Vradenburg.
Grandview's client list includes such notable director names as Joseph Kosinski, Hiro Murai, Adam Wingard and Dan Trachtenberg.
“Ten years ago, we founded Grandview to build a home for artists and those who represent them,” Silver and Rosen said in a joint statement. “We are incredibly proud of the culture we have created, the support we have received from the community, and the storytellers we have worked with, the leading voices of their generation. Our guiding principles have always been Talent, Ambition and Character. Jason and Stephanie built Untitled from these shared ideals, and their commitment to their clients and colleagues is inspiring.”
“In partnering with TPG and Michel earlier this year, we identified an opportunity that will allow us to expand our offering to clients and develop new avenues for collaboration,” Weinberg and Simon said. “In Matt and Jeff we have found industry leaders in literary management, coupled with a robust and exciting culture that they have fostered and that has attracted some of the most forward-thinking representatives over the past decade. We are excited to partner with the entire Grandview team and roster of clients for years to come.”
Grandview has been at the center of sales conversations, having previously been in talks to acquire Anonymous Content. Last year, Grandview's sister production company Automatik merged with Range Media Partners.
As for TPG, the company sold a majority stake in CAA to Artémis last year. Further acquisitions in the entertainment sector are planned for the Initial Group under the leadership of CEO Michel Pratte.
Eisner LLP served as legal counsel to Grandview.