M&A Deal Summary

GoDigital Media Group Acquires Sound Royalties

On September 16, 2021, GoDigital Media Group acquired financial services company Sound Royalties

Acquisition Highlights
  • This is GoDigital Media Group’s 1st transaction in the Financial Services sector.
  • This is GoDigital Media Group’s 2nd transaction in the United States.
  • This is GoDigital Media Group’s 1st transaction in Florida.

M&A Deal Summary
Date 2021-09-16
Target Sound Royalties
Sector Financial Services
Buyer(s) GoDigital Media Group
Deal Type Add-on Acquisition
Advisor(s) Satterlee Stephens LLP (Legal)

Target

Sound Royalties

West Palm Beach, Florida, United States
website
Sound Royalties is a specialty finance firm that helps music industry professionals fund personal and professional projects without ever taking ownership of their copyrights, allowing for pass-through income, and empowering creatives to choose from a variety of flexible pricing options. Sound Royalties was founded in 2014 and is based in West Palm Beach, Florida.

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Buyer(S) 1

Buyer

GoDigital Media Group

Los Angeles, California, United States

website

Category Company
Founded 2006
Sector Digital Media
DESCRIPTION

GoDigital Media Group (“GDMG”) is a media and technology holding company engaged in intellectual property rights management and distribution through its operating subsidiaries. The GoDigital Media Group family includes AdShare, the leading social media monetization service for music, film, television and sports rights holders, digital supply chain software provider ContentBridge, Grammy-winning record label Cinq Music, Hispanic targeted music video network VidaPrimo, movie distributors GoDigital and Distribber, as well as Tunnel Post. GoDigital Media Group was founded in 2006 and is based in Los Angeles, California.

DEAL STATS #
Overall 2 of 4
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Florida) 1 of 1
Country (United States) 2 of 4
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-11 YogaWorks

Culver City, California, United States

YogaWorks is the largest multi-discipline yoga studio operator in the U.S., with 29 studios across four markets, YogaWorks provides a teacher training program and a robust proprietary interactive Internet offering.

Buy $10M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-26 Bob s Stores

Meriden, Connecticut, United States

Bob's Stores LLC is an apparel and footwear retailer that offers the entire family a wide range of brands at affordable prices in casual fashion, denim, activewear, team wear, and footwear. It provides families in the Northeastern U.S. with a broad selection of such leading national brands as Timberland, Carhartt, Champion, Under Armour, adidas, Skechers, Levi’s, and others. Bob's Stores was formed in 1954 and is based in Meriden, Connecticut.

Buy -
Mergr

Product

Company

Legal