TPG-backed Cirque du Soleil acquires VStar Entertainment
Cirque du Soleil Entertainment Group has acquired VStar Entertainment Group, a Fridley, Minnesota-based live entertainment provider, and VStar's Florida circus arts affiliate Cirque Dreams. No financial terms were disclosed. Cirque, a Montréal-based live performance company, said the buy will expand its audiences with creative content designed for children and families. The deal follows last year's acquisition of Blue Man Productions, reportedly for US$65.5 million. Cirque was bought in 2015 by a group led by TPG Capital and joined by Fosun Capital Group and Caisse de dépôt et placement du Québec.
5 July 2018•5 mins read
