.

New Deal

New Deal

Announced

11 Jan 2023

Universal Music and Shamrock to acquire music assets from Dr. Dre for $250m.

Financials

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Transaction Value£205m

Consideration TypeCash

Capital Owned-

Capital Bid For100%

EV/Sales-

EV/EBITDA-

Share Price Premium-

One Off Charge-

target

Dr Dre (music Assets)

vendor

Dr Dre

bidder

Universal Music Group

bidder

Shamrock Capital Advisors

Sources

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Tags

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United States

music

Entertainment

Acquisition

Domestic

Majority

Private

Private Equity

Pending

Friendly

Single Bidder

Synopsis

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Universal Music, a global music corporation, and Shamrock, a private equity firm, agreed to acquire music assets from Dr. Dre, a record producer, for $250m.

Service Providers (2)

Dealmakers

legal advisors

King Holmes Paterno & Soriano

legal advisors

Latham & Watkins

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