Joop van den Ende, president and founder of Stage Entertainment, will remain involved in the company, both as a shareholder and as Co-Chairman of the Supervisory Board. In that capacity he will remain involved in the programming of musicals, the development of new titles, and the strategy of the business.
Stage Entertainment, active in several EU countries, in Russia and in the US, has 3,500 employees with an annual total turnover of exceeding EUR 500 million.
CVC Capital Partners is one of the world’s leading private equity and investment advisory firms.
Arne Grimme and Okke Suurenbroek led the M&A team.