Deals

Goldman Buys Majority Stake in Taylor Swift Stage-Builder TAIT

Taylor Swift performs on stage during the The Eras Tour in London, on June 21. — Taylor Swift performs on stage during the The Eras Tour in London, on June 21.
Photographer: Gareth Cattermole/Getty Images

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By Valida Pau

July 9, 2024 at 6:28 PM UTC

This article is for subscribers only.

The private equity business of Goldman Sachs Alternatives is buying a majority stake in TAIT, the engineering firm that designed the stage for Taylor Swift’s Eras Tour.

The alternative investment platform of Goldman Sachs Asset Management has struck a deal to acquire a majority stake from affiliates of Providence Equity Partners, TAIT said in a statement. The financial terms of the transaction weren’t disclosed.