TPG Acquires Untitled Entertainment for $51.6M CAD

Boat Rocker Media sells its stake in Untitled Entertainment to TPG, appointing Michel Pratte as CEO and Eric Taitz as COO of the new venture.

TPG aims to build a global talent management business with its acquisition of Untitled Entertainment.
Michel Pratte and Eric Taitz, both former Boat Rocker executives, will lead the new company.
Boat Rocker will use the proceeds to focus on its content-first strategy, particularly in scripted TV and premium documentaries.
Untitled's co-CEOs, Jason Weinberg and Stephanie Simon, will retain significant financial interest in the new entity.
TPG's investment marks its return to the talent management sector after selling its stake in CAA last year.