M&A Deal Summary

Concord Music Group Acquires Razor & Tie Direct

On January 17, 2018, Concord Music Group acquired media company Razor & Tie Direct

Acquisition Highlights
  • This is Concord Music Group’s 2nd transaction in the Media sector.
  • This is Concord Music Group’s 2nd transaction in the United States.
  • This is Concord Music Group’s 1st transaction in New York.

M&A Deal Summary

Date 2018-01-17
Target Razor & Tie Direct
Sector Media
Buyer(s) Concord Music Group
Deal Type Add-on Acquisition

Target

Razor & Tie Direct

New York, New York, United States
Razor & Tie Direct LLC operates as a music company. Razor & Tie was founded in 1990 by Balsam and Chenfeld, who met as students at New York University and formed the company while both were working as attorneys. While the label has traditionally been rock and hard-rock focused, by far its most successful project has been the “Kidz Bop” compilation series, which launched in 2001 and features children singing contemporary hits. The series has sold more than 20 million albums. The label’s current roster includes The Pretty Reckless (pictured), All That Remains, The Sword and Sons of Texas.

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Buyer(S) 1

Buyer

Concord Music Group

Beverly Hills, California, United States

Category Company
Founded 1969
Sector Media
DESCRIPTION

Concord Music Group, Inc. operates a record and music publishing company.


DEAL STATS #
Overall 2 of 4
Sector (Media) 2 of 4
Type (Add-on Acquisition) 2 of 4
State (New York) 1 of 1
Country (United States) 2 of 3
Year (2018) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-01 Rounder Records

Burlington, Massachusetts, United States

Rounder Records Corporation, a music/record label company, publishes Bluegrass and old-time country music.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-27 Fania

Miami, Florida, United States

Fania manages and distributes one of the largest latin tropical music catalogs.

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