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New Deal


Announced

Epic Games to acquire Bandcamp.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Private

Pending

internet music company

Friendly

Majority

Acquisition

Domestic

Online and Social Platforms

Single Bidder

Synopsis

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Epic Games, an American video game and software developer and publisher, agreed to acquire Bandcamp, an internet music company. Financial terms were not disclosed. "Bandcamp’s mission is to help spread the healing power of music by building a community where artists thrive through the direct support of their fans. In Epic, we’ve found a partner who believes as deeply as we do that the future of music, and art itself, depends on the creation of equitable and inclusive communities like the one our fans and artists have helped to build. We’re excited to work alongside the Epic team to accelerate the realization of our mission and pursue our shared goal of empowering more creators in a fair and open way," Ethan Diamond, Bandcamp CEO.

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