M&A Deal Summary

DRiP Acquires Vault Music

On July 1, 2024, DRiP acquired internet software and services company Vault Music

Acquisition Highlights
  • This is DRiP’s 1st transaction in the Internet Software and Services sector.
  • This is DRiP’s 1st transaction in the United States.
  • This is DRiP’s 1st transaction in Texas.

M&A Deal Summary
Date 2024-07-01
Target Vault Music
Sector Internet Software and Services
Buyer(s) DRiP
Deal Type Add-on Acquisition

Target

Vault Music

Texas, United States
Vault Music is a music platform offering a music DSP model that allows artists to create exclusive, limited-edition music releases. The company's format hyper-rewards to top fans and creates a new revenue stream for artists. Vault Music is based in Texas.

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Buyer(S) 1

Buyer

DRiP

Texas, United States
Category Company
Sector Internet Software and Services
DESCRIPTION

DRiP is a creator platform that allows artists and creators to distribute digital works, such as art and music, to their followers. With a focus on mainstream-friendly user experience, the company is expanding the types of content and experiences available to creators, including news, video, and podcasts. DRiP is based in Texas.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
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