Announced
Completed
Synopsis
Verlinvest, an investment holding company, and Vendis Capital Management, an independent private equity firm, completed an investment in Karafun Group, a French company specializing in karaoke and interactive music entertainment. Financial terms were not disclosed. “Together with the experienced teams at Verlinvest and Vendis Capital, renowned for scaling category-leading consumer brands across Europe, the US, and Asia, we will harness shared insights and networks to fuel data-driven, immersive karaoke experiences and drive rapid global adoption of our advanced music platforms. With more than 30 million karaoke nights powered worldwide, KaraFun Group has redefined the interactive music experience by combining state-of-the-art technology with curated design and hospitality. This partnership marks an exciting new chapter in bringing that vision to a wider global audience,” Jean-Baptiste Defossez, KaraFun Group Founder & Executive Chairman.
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