CAA Evolution is a New York, Los Angeles and London-based investment bank and advisory firm that provides financial advisory, capital markets and strategic services to organizations and investors in sports, media and entertainment industries. It was formed through a partnership between Evolution Media Capital (CAA’s merchant bank) and strategic advisory specialists to expand deal-making capabilities across sell-side and buy-side M&A, capital raising, media rights negotiations, IPO/SPAC advisory and related corporate transactions. The firm leverages deep industry expertise and relationships within professional sports leagues, media companies and entertainment platforms to support complex transactions and strategic initiatives. CAA Evolution works with a broad range of clients, including leagues, teams and rights holders, on media rights valuations, team sales and strategic capital allocation. Its merchant-banking activities are conducted via regulated subsidiaries, and it competes with global investment banks while maintaining strong ties to the broader CAA ecosystem.