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New Deal


Announced

Completed

Francisco Partners-backed Muse Group completed the acquisition of Hal Leonard from Seidler Equity Partners.

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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Recreational Products

Majority

United States

music content

musical equipment and instruments

Completed

Friendly

Acquisition

Single Bidder

Private

Private Equity

Cross Border

Synopsis

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Francisco Partners-backed Muse Group, an international team of music lovers and audio obsessives, empowering millions of creatives to play, produce and compose every day, completed the acquisition of Hal Leonard, a company providing digital and physical music content and related solutions as well as musical equipment and instruments for learning, playing, teaching and creating the world’s largest catalog of owned and licensed music, from Seidler Equity Partners, a private equity firm. Financial terms were not disclosed. “This partnership will create more music makers worldwide and will lead to even more advances in music education technology, while also expanding ways creators and rights holders can make their musical works more widely available. Hal Leonard and Muse have been working closely together in commercial partnerships for over fifteen years and have built trust and mutual respect over that time. Combining the strengths of both companies is a truly exciting prospect, full of potential ways to grow the music industry in new directions," Larry Morton, Hal Leonard Chairman.

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