More performances in China and Asia planned.
Cirque du Soleil (“Cirque”), the world’s leading producer of high-quality live artistic entertainment, today announced an agreement under which TPG, a global private investment firm, will acquire a majority stake in Cirque du Soleil to fuel growth and take Cirque’s iconic blue and yellow big top to exciting new markets.
Cirque du Soleil’s Founder, Guy Laliberté, will maintain a stake in the business and will continue to provide strategic and creative input to the company. …
“After 30 years building the Cirque du Soleil brand, we have now found the right partners in TPG, Fosun and the Caisse to take Cirque du Soleil forward to the next stage in its evolution as a company founded on the conviction that the arts and business, together, can contribute to making a better world,” said Guy Laliberté.
“Just as importantly, I am thrilled that the investors have demonstrated such a strong commitment to Cirque’s unique Québec cultural heritage and the creativity and imagination of our people.” …
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