M&A Deal Summary

Hal Leonard Acquires Sheet Music Plus

On February 27, 2017, Hal Leonard acquired e-commerce company Sheet Music Plus from Sverica

Acquisition Highlights
  • This is Hal Leonard’s 1st transaction in the E-Commerce sector.
  • This is Hal Leonard’s 6th transaction in the United States.
  • This is Hal Leonard’s 1st transaction in California.

M&A Deal Summary

Date 2017-02-27
Target Sheet Music Plus
Sector E-Commerce
Buyer(s) Hal Leonard
Sellers(s) Sverica
Deal Type Add-on Acquisition

Target

Sheet Music Plus

Emeryville, California, United States
Sheet Music Plus LLC is an online retailer of sheet music. Its offers shoppers over 400,000 products – typically songbooks, scores, and instructional books.

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Buyer(S) 1

Buyer

Hal Leonard

Milwaukee, Wisconsin, United States

Category Company
Founded 1947
Sector Media
DESCRIPTION

Hal Leonard is a music publishing company. Hal Leonard publishes and distributes print publishing products for virtually every instrument and performance group. Hal Leonard was founded in 1947 and is based in Milwaukee, Wisconsin.


DEAL STATS #
Overall 6 of 6
Sector: E-Commerce M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 5
State: California M&A 1 of 1
Country: United States M&A 6 of 6
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-17 Schaum Publications

Mequon, Wisconsin, United States

Schaum Publications, Inc. is a publisher of instructional material for piano.

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Seller(S) 1

SELLER

Sverica

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2001
PE ASSETS 2.2B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Sverica Capital Management is a private equity firm that invests in stable or growing, smaller companies with valued less than $250 million. Sverica looks to commit $25 to $75 million per transaction and primarily targets buyout or divestiture situations and avoids businesses in need of restructuring. Broad areas of interest include IT, business services, healthcare, light manufacturing, and industrials. The Firm generally seeks majority control investments, but will also selectively consider minority situations. Sverica Capital Management was formed in 2001 and has offices in Boston and San Francisco.


DEAL STATS #
Overall 15 of 27
Sector: E-Commerce M&A 1 of 1
Type: Add-on Acquisition M&A Deals 7 of 14
State: California M&A 3 of 4
Country: United States M&A 14 of 23
Year: 2017 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-06 Optiv

Denver, Colorado, United States

Optiv is a provider of end-to-end cybersecurity solutions. The company help clients plan, build and run successful cybersecurity programs that achieve business objectives through depth and breadth of cybersecurity offerings, extensive capabilities and proven expertise in cybersecurity strategy, managed security services, incident response, risk and compliance, security consulting, training, and support, integration, and architecture services, and security technology. Optiv was founded in 2002 and is based in Denver, Colorado.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-21 iWave Information Systems

Charlottetown, Prince Edward Island, Canada

iWave Information Systems is a provider of access to data and proprietary analytics to help prospect researchers, fundraisers, and other development professionals determine which donor prospects to ask, how much to ask for, and when to ask. iWave Information Systems was founded in 1991 and is based in Charlottetown, Prince Edward Island.

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