Searchlight Capital Partners Invests in Chord Music Partners

Universal Music Group Acquires 25.8% Stake in Chord Music Partners

February 21, 2024

Media & Entertainment

Universal Music Group (UMG) will acquire a 25.8% minority interest in Chord Music Partners for US$240 million, valuing Chord at US$1.85 billion. The transaction creates a long-term strategic partnership under which UMG will administer Chord's music publishing through UMPG and recorded music through Virgin Music Group; KKR will exit and the Dundee consortium will remain a majority owner.

Charlesbank Capital Partners Makes Strategic Growth Investment in Searchlight Cyber

January 18, 2024

Cybersecurity

Charlesbank Capital Partners has made a strategic growth investment in Searchlight Cyber, a Portsmouth-based dark web intelligence and threat intelligence software company. The founders and existing investor Astra Capital Management remain invested; proceeds will be used to accelerate R&D, expand go-to-market capabilities and support organic growth and acquisitions. Financial terms were not disclosed.

Searchlight Capital Partners Makes Strategic Investment in Celestyal Cruises

November 29, 2021

Transportation

Funds managed by Searchlight Capital Partners have agreed to make a strategic investment in a new holding company, Celestyal Holdings, supporting Celestyal Cruises' global growth, brand amplification and fleet renewal. The Louis Group remains a shareholder in the new holding company and Celestyal will continue to operate from its offices in Piraeus under the current management team.

Searchlight Capital Partners Invests in Mainstream Fiber Networks

October 30, 2023

Telecommunications

Searchlight Capital Partners has made a strategic growth investment in Mainstream Fiber Networks to accelerate the Indiana-based fiber ISP's expansion into unserved and underserved rural communities. The capital will support Mainstream's buildout of next-generation fiber across the state, leveraging existing grant relationships and aiming to connect hundreds of thousands of homes and businesses.

Searchlight Capital Partners Makes Strategic Investment in Sightline Payments

December 9, 2020

Payments & Fintech

Searchlight Capital Partners has made a strategic growth investment in Sightline Payments, establishing a post-money valuation of $525 million. Sightline management also participated as co-investors; the capital will support expansion of Sightline’s cashless payment and wallet solutions across gaming, sports betting, lottery and hospitality markets.

Searchlight Capital Partners to Acquire Majority Stake in Flowbird

August 10, 2021

Transportation

Funds advised by Searchlight Capital Partners have entered into exclusive negotiations to acquire Flowbird from sellers Astorg and Mellby Gård. The deal would make Searchlight the new majority shareholder as it supports Flowbird's shift toward a tech-enabled software and payments platform and pursues further M&A to accelerate growth.