, the massive private equity firm that owns Creative Artists Agency, is buying payroll specialist for an undisclosed price.

’ management team, led by president and CEO Mark Goldstein, will continue in their roles. The agreement was announced Tuesday with plans to close the deal during the second quarter.

“We’re thrilled to have found a partner that is excited about our strategic vision as we support the evolution of the entertainment industry,” Goldstein said. “Through decades of hard work and dedication by our talented team, and through a rewarding collaboration with the experts – our clients – we have made great strides toward digitizing and integrating production workflow.”

“We now begin an exciting new chapter in which the significant resources and expertise of TPG will greatly

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