CAAhas formedCAA Evolution, aninvestment bankand advisory firm poised to make deals across sports, media and entertainment.
CAA Evolutions workforce of nearly 60 employees will be based in New York, LA and London.
Collectively, the two firms have advised on more than $1.5 trillion in transactions, according to CAA.
CAAPhoto by Michael Buckner/Penske Media/Getty Images
The dealclosed last month, at a reported valuation of $7 billion.
