Michael Cassel buys back his namesake business from private equity operator Silver Lake to seek new investors to become a ‘global theatre company’

The Australian impresario behind musicals such as Hamilton and MJ is in search of new investors, after buying back his business from a private equity giant.

Michael Cassel in 2020 sold 51 per cent of his eponymous theatre group to Silver Lake, a Californian private investor with $160 billion under management, but quietly bought the stake back last November in a deal unreported until now.

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