Announced
Completed
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.
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