Spirit Music Group, Inc.
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Spirit Music Group, Inc. - overview
Established
1995
Location
New York, NY, US
Primary Industry
Media
About
Based in New York, US, and founded in 1995, Spirit Music Group, Inc. operates as a music publishing firm. In January 2019, Lyric Capital Group acquired the company from Pegasus Capital Advisors for USD 350 million in a recapitalization deal, and in July 2014, Spirit Music Group acquired Cal IV Entertainment. In October 2021, a consortium led by Northleaf Capital Partners, alongside CDPQ, invested USD 500 million in Spirit Music Group, Inc.
, and as of November 2021, the company is being led by its Chairperson, Jon Singer, and has offices in London, Los Angeles, Nashville, and the Netherlands. Spirit Music Group, Inc. is an independent music publisher, who owns and manages more than 75,000 songs across different music genres. The firm offers music marketing and branding services; and licenses its music for a variety of uses (films, video games, advertising campaigns), and serves a network of singers and songwriters.
The funds from Northleaf Capital Partners will be used by Spirit Music Group, Inc. to invest in more catalogs and new music, as well as to support the needs of songwriters.
Current Investors
Morgan Stanley Investment Management, Lyric Capital Group, Northleaf Capital Partners
Primary Industry
Media
Sub Industries
Music Production & Distribution
Website
www.spiritmusicgroup.com
Verticals
AdTech
Company Stage
Mature
Total Amount Raised
Subscriber access only
Spirit Music Group, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Spirit Music Group, Inc. | - | ||||||||
| Secondary Buyout | Completed | Spirit Music Group, Inc. | - | ||||||||
| Buyout | Completed | Spirit Music Group, Inc. | - |
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