M&A Deal Summary

Explorer1 Music Group Acquires Music Benefactors

On October 1, 2022, Explorer1 Music Group acquired media company Music Benefactors

Acquisition Highlights
  • This is Explorer1 Music Group’s 1st transaction in the Media sector.
  • This is Explorer1 Music Group’s 1st transaction in the United States.
  • This is Explorer1 Music Group’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2022-10-01
Target Music Benefactors
Sector Media
Buyer(s) Explorer1 Music Group
Deal Type Add-on Acquisition

Target

Music Benefactors

Nashville, Tennessee, United States
Music Benefactors is an SEC-registered company with a technology platform that strengthens the connection between performing and recording artists and music fans and investors around the world. Clients can invest and help their favorite artist fund their careers, tours, albums, or new and exciting projects. becoming a part owner of the assets and content they create, and sharing in the income and profits they generate. Music Benefactors was formed in 2020 and is based in Nashville, Tennessee.

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Buyer(S) 1

Buyer

Explorer1 Music Group

Los Angeles, California, United States
Category Company
Sector Media
DESCRIPTION

Explorer1 Music Group (EX1) is a global full-service music company that owns and operates EX1 Records a Grammy-nominated, award-winning, independent record label that wants to self-release music, but still requires the distribution, marketing, funding & infrastructure a record company provides. Explorer1 Music Group is based in Los Angeles, California.

DEAL STATS #
Overall 1 of 1
Sector (Media) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Mergr

Product

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