Announced
Completed
Financials
Tags
Minority
Private Equity
Acquisition
Private
Cross Border
Single Bidder
Italy
Friendly
Online and Social Platforms
Completed
music data
Synopsis
TPG, an alternative asset management firm, completed the acquisition of a minority stake in Musixmatch, a music data platform. Financial terms were not disclosed. “Over the past decade, our team has built Musixmatch from the ground up with a vision to better represent songwriters and artists, allowing their lyrics to reach a global community of music lovers. The team at TPG brings more than just deep experience investing behind world-class music and streaming companies – they also share our ethos and the entrepreneurial spirit that has been a hallmark of our success to date and will continue to drive our next phase of growth. We are thrilled to welcome TPG as a partner and look forward to what we can bring to our artists and their fans," Max Ciociola, Musixmatch Founder and CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.