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Transactions / 2•••••

T••••••• Capital Expands Experiential Portfolio Through GES Acquisition of 2•••••

Add-on acquisitionclosedadd-onannounced Dec 2, 2025closed Dec 2, 2025Fact
What happened
Target
2•••••
Platform
G••add-on basis: T••••••• Capital ("T•••••••"), a Los Angeles based private equity firm focused on growth and long-term value creation, announced today that its portfolio company GES has acquired 2•••••, a London-based creative agency that develops design-led brand experiences across North America and Europe.
Control
Control
Share acquired
unknown
Industry
consumer / brand
Target location
unknown
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
6 named
Buy side
  • L••• M••••Deal partnerconfirmed
    “"T•••••••'s investment strategy centers on partnering with exceptional companies that are shaping their industries through innovation and client impact," said L••• M••••, Co-Founder and Managing Partner at T••••••• Capital.”
  • G••Platformconfirmed
    “T••••••• Capital ("T•••••••"), a Los Angeles based private equity firm focused on growth and long-term value creation, announced today that its portfolio company GES has acquired 2•••••, a London-based creative agency that develops design-led brand experiences across North America and Europe.”
  • T••••••• C•••••• M••••••••• L••Sponsorconfirmed
    “T••••••• Capital ("T•••••••"), a Los Angeles based private equity firm focused on growth and long-term value creation, announced today that its portfolio company GES has acquired 2•••••, a London-based creative agency that develops design-led brand experiences across North America and Europe.”
Side not stated
  • D•••• L••••Managementconfirmed
    “D•••• L••••, CEO of GES, added: "The acquisition of 2••••• reflects our continued commitment to expanding GES's global experiential capabilities through Spiro.”
  • P••• G•••••Managementconfirmed
    “P••• G•••••, Managing Director of 2•••••, said: "For more than four decades, 2••••• has championed the power of creativity and innovation to augment the brand experience and transform how household names connect with people.”
  • 2•••••Targetconfirmed
    “T••••••• Capital ("T•••••••"), a Los Angeles based private equity firm focused on growth and long-term value creation, announced today that its portfolio company GES has acquired 2•••••, a London-based creative agency that develops design-led brand experiences across North America and Europe.”
Evidence
“T••••••• Capital ("T•••••••"), a Los Angeles based private equity firm focused on growth and long-term value creation, announced today that its portfolio company GES has acquired 2•••••, a London-based creative agency that develops design-led brand experiences across North America and Europe.”
Press release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS)confidence 80%recorded Sep 15, 2026
T••••••• Capital Expands Experiential Portfolio Through GES Acquisition of 2••••• | Private Equity Intelligence | DFX