Announced
Financials
Sources
Tags
royalty auditing
music rights
United States
music management
Single Bidder
Media Agencies
Majority
Acquisition
Private
Pending
Friendly
Domestic
Synopsis
Armanino, an accounting and consulting firm, agreed to acquire Blue Sky Group, a music business management team, and Royalty Compliance Organization, a music rights and royalty auditing firm. Financial terms were not disclosed. "As far as industry-leading experts, we could not be more thrilled with the knowledge and talent that Blue Sky and RCO bring to our team, we know this will be incredibly valuable for our clients. This will make Armanino one of the only business management groups in the world that will be able to offer the full slate of entertainment services while allowing us to deepen and expand our reach into Nashville, which we view as extremely important for our growth goals," Craig Manzino, Armanino Partner, Business Management.
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