Announced
Financials
Sources
Tags
Cross Border
Friendly
Majority
France
digital music distributor
Media Agencies
Acquisition
Public
Pending
Single Bidder
Private Equity
Synopsis
A consortium of Denis Ladegaillerie, EQT Patners and TCV offered to acquire Believe, a global digital music company, for $1.64bn. “Believe’s track record in developing labels and artists worldwide is exceptional. With the music market growth and digitalisation, Believe has significant potential to continue thriving, through organic expansion and strategic acquisitions. We are excited to invest alongside TCV and Denis to back that next phase of development. We are fully aligned with Believe’s core values of fairness, respect and transparency and are committed to support their talented team for future success,” Nicolas Brugère, EQT Partner.
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