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New Deal


Announced

Completed

Believe completed the acquisition of Sentric.

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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Friendly

Cross Border

Completed

Acquisition

music publisher

Single Bidder

Entertainment

Private

Majority

United Kingdom

Synopsis

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Believe, a digital music company, completed the acquisition of Sentric, an independent tech-powered music publishing platform. Financial terms were not disclosed. "The acquisition of Sentric is the first step for Believe in the roll-out of a global and comprehensive publishing offer. The growth and digital transformation of the songwriters’ market is opening-up many opportunities. We are excited to be able to immediately expand the services we provide to our existing TuneCore clients with Sentric’s best-in-class royalty collection service, while starting to work on future innovative products and services for all of Believe’s songwriters and publishers," Denis Ladegaillerie, Believe Founder & CEO.

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