Linklaters LLP

10/10/2024 | Press release | Distributed by Public on 10/10/2024 19:21

Linklaters Advises Carroll Street Capital on Partnership to Create BRESH Global

Linklaters advised Carroll Street Capital - a New York-based investment firm specializing in media and entertainment and led by Eduardo García Fernández and Jay Carolas - in structuring and executing a transaction that formalizes a partnership to create BRESH Global.

BRESH is an entertainment company deeply rooted in Latin culture, where happiness is pursued collectively. Known as "the most beautiful party in the world," BRESH began in 2016 as an alternative events business in Buenos Aires. Since then, BRESH has grown to become a phenomenon captivating the imagination of young fans around the world, with an inclusive and disruptive approach to live entertainment. A favorite among the creative community, BRESH attracts millions of fans to its more than 500 annual events (including appearances at legendary festivals like Coachella, Lollapalooza, and Tomorrowland), in more than 100 cities and 20 countries.

Through this partnership, Carroll Street Capital and BRESH will create BRESH Global, an international media and live events platform. Carroll Street Capital will not only provide capital but also provide strategic access and support to drive BRESH's growth. BRESH Global will establish its headquarters in Miami, with additional offices in Los Angeles and Madrid, positioning the company for significant growth and new partnerships across the U.S., Europe, Asia, and Latin America.

The Linklaters Americas team was led by Corporate Partner Matthew Poulter and Head of Linklaters' Mexico Group Alberto Garcia Linera. The team included also U.S. Head of Executive Compensation & Employee Benefits Andrew Gaines, Partner and Chair of U.S. TMT & Data Solutions Practice Ieuan Jolly, Tax Partner Gabriel Grossman, Corporate Partner Pierre-Emmanuel Perais, Tax Counsel Amanda Gabai, TMT/IP & Data Solutions Counsel Shruti Chopra, Corporate Associates Marcelo Lopes, Nathaniel Schlakman, Caroline Aguiar, Lu Meng, and Svetlana Eisner, Executive Compensation & Employee Benefits Associates Maddy Hayes and Krystal Dillon, Tax Associate Joy Cheng, Staff Attorneys Paula Sobral and Leticia Correira, and Foreign Attorney Julia Avelin Riberio.

In Madrid, the team also included Co-Leader of TMT/IP Ceyhun Pehlivan and
Corporate Associates Elena Valin and Laura Plana as well as other partners and associates in relation to the legal due diligence.

Marval O' Farrell Mairal and Guyer & Regules acted as Linklaters' co-counsel in Argentina and Uruguay, respectively.

Linklaters has a pre-eminent global M&A practice, with over 650 M&A lawyers advising clients across the globe on their most complex and important transactions. The firm is Band 1 ranked by Chambers for Corporate/M&A in the UK, Europe, and Asia, as well as for Global Multi-Jurisdictional Corporate/M&A. In 2022, Linklaters advised on over 240 global M&A deals worth a total of $164 billion, including advising 35 of the world's top 50 corporates.