Cirque du Soleil Entertainment Group Acquires VStar Entertainment Group

by Stage Directions

Cirque du Soleil Entertainment Group announced the acquisition of Minnesota-based VStar Entertainment Group and its Florida-based circus arts subsidiary Cirque Dreams. The addition of VStar Entertainment Group to its portfolio allows the Montreal-based entertainment company to expand its audiences with plug-and-play creative content specifically designed for children and families. With its integrated live entertainment platform and broad global distribution network in small theaters, the acquisition of VStar and Cirque Dreams will contribute to further establishing Cirque du Soleil Entertainment Group as the world leader in live entertainment for audiences of all ages.

"Building on the successful integration of Blue Man Group over the last year, today we are taking another decisive step towards realizing our ambition. While circus arts will always be at the core of our creative offering, we continue to look for ways to expand and diversify our portfolio with new forms of entertainment and new brands, reaching new audiences and expanding our own creative and production capabilities", said Daniel Lamarre, President and CEO of Cirque du Soleil Entertainment Group. "VStar Entertainment Group has a proven track record and recognized expertise in small theatrical production, which complements Cirque du Soleil's expertise in large-scale production and global touring. We firmly believe the knowledge transfer will help us develop our own capabilities in this type of entertainment and therefore, contribute to growing our footprint in the live entertainment production industry."

VStar Entertainment Group is a live entertainment provider producing theatrical shows, exhibits, cruise ship shows, and outdoor events. VStar is best known for its children and family shows showcasing popular brands from Nickelodeon and Spin Master, such as PAW Patrol. Over nearly four decades, it has built an impressive footprint in the global entertainment industry, presenting over 39,000 performances in more than 40 countries, reaching over two million guests annually. On its own, PAW Patrol Live Race to the Rescue toured in 250 cities in 18 countries on four different continents in 2017.

"VStar has a history of growing through partnerships with great entertainment brands and we are always on the lookout for the next transformative opportunity. We now find ourselves on the brink of our next chapter and only a global producer like Cirque du Soleil could help us achieve our vision. Their expertise in the live entertainment industry is unparalleled and it is an honor to join forces with their organization", said Eric Grilly, CEO of VStar Entertainment Group.

Cirque Dreams, founded by Broadway Director Neil Goldberg and established in Florida, is the entertainment group's circus arts division which successfully produces and operates tours and shows in theatres and various popular touristic venues through partnerships with Norwegian Cruise Line and Gaylord Hotels, among other business to business opportunities. "I have always admired the creative forces behind Cirque du Soleil and could not wish for a better partner to continue developing Cirque Dreams. I look forward to contributing my creative mindset to the company's evolution", added Cirque Dreams President Neil Goldberg.

Further information from Cirque du Soleil: www.cirquedusoleil.com