Lyric Capital Secures $500M Investment to Fuel Spirit Music Acquisitions

Italia Notizia Notizia

Lyric Capital Secures $500M Investment to Fuel Spirit Music Acquisitions
Italia Ultime Notizie,Italia Notizie

Lyric Capital Group, owner of Spirt Music Group, has once again reinvented its capital structure with a $500 million investment led by Northleaf Capital Partners.

The new influx comes from a group led Northleaf Capital Partners and takes out Morgan Stanley from the company's ownership.

That 2019 deal took out Spirit Music majority owner Pegasus Capital Advisors and retired about $50 million in debt from the Fortress Credit Corp. Now, a company spokesman confirms that the latest deal takes out Morgan Stanley from the ownership picture.. It's unknown what valuation this deal comes in at.

“Northleaf is the right long-term strategic partner for us as they bring strong creative sensibilities and private markets expertise as well as access to flexible capital to support our growth strategies within the music royalty space,” Cameron said in a statement. Spirit Music also represents such recent tunes as Luke Bryan’s “Waves,” Lainey Wilson’s “Things A Man Oughta Know,” Thomas Rhett’s “Country Again,” Scott McReery’s “You Time,” Drake’s “Way 2 Sexy” and Champagne Poetry.”

 

Can you advise that fanking love is available on all digital platforms? Anitta Saweetie

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

LeBron James’s Media Company Sells Minority Stake to Group That Includes Nike, ‘Fortnite’ Creator Epic GamesLeBron James’s Media Company Sells Minority Stake to Group That Includes Nike, ‘Fortnite’ Creator Epic GamesThe group of investors buying into SpringHill includes Nike, “Fortnite” creator Epic Games, RedBird Capital and Fenway Sports Group. 首存1000送588,2000送888,存越多送越多,一倍流水提。不限游戏,实力安全有保障!客服QQ:21758747
Leggi di più »



Render Time: 2025-01-10 11:16:13