New Mountain Capital Leads Acquisition of Broadcast Music, Inc. (BMI)
November 23, 2023
New Mountain Capital will lead a shareholder group to acquire Broadcast Music, Inc. (BMI), the world’s largest performing rights organization, with CapitalG taking a passive minority stake. The investment is intended to fund technology upgrades, new service offerings and M&A to increase royalty collections and accelerate cash distributions to BMI affiliates; BMI shareholders will allocate $100 million of sale proceeds to affiliates following closing.
- Buyers
- New Mountain Capital, CapitalG
- Targets
- Broadcast Music, Inc. (BMI)
- Sellers
- BMI shareholders
- Industry
- Media & Entertainment
- Location
- New York, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
New Mountain Capital Acquires Majority Stake in emids
September 26, 2019
Healthcare Services
New Mountain Capital has acquired a controlling interest in emids, a Nashville-based provider of digital engineering and healthcare technology services, with prior investors Baird Capital and Council Capital exiting. emids management and select stakeholders remain invested; the investment will support continued organic and inorganic growth, including capability expansion in digital transformation, data engineering and analytics for healthcare payers, providers and life sciences clients.
-
H.I.G. Capital and Francisco Partners Acquire RBmedia from KKR
September 14, 2023
Media & Entertainment
H.I.G. Capital (via an affiliate), joined by Francisco Partners and RBmedia management, agreed to acquire RBmedia, the world’s largest audiobook publisher, from KKR. The investors said the transaction will support RBmedia’s next phase of growth — with management remaining shareholders and employees receiving payouts tied to their ownership stakes.
-
BridgeTower Media Acquires ColoradoBiz
February 12, 2024
Media & Entertainment
BridgeTower Media, a portfolio company of Transom Capital Group, has acquired ColoradoBiz, the largest business publication serving the state of Colorado since 1973. BridgeTower said it will leverage its audience platform, digital capabilities and events expertise to accelerate growth and expand ColoradoBiz’s reach in the Rocky Mountain market.
-
424 Capital Makes Majority Investment in BroadcastMed
April 29, 2021
Healthcare Services
424 Capital closed a majority investment in BroadcastMed in early December 2020 to support expansion of the company's content creation services and its MD‑ID marketing analytics platform. BroadcastMed, a Farmington, Connecticut–based digital medical broadcasting firm with a membership approaching one million verified physicians, will use the investment to accelerate growth of its healthcare content-marketing and technology offerings; the announcement references longtime 424 partners Eagle Private Capital and Plexus Capital.
-
BMI Merchandise Acquires Peek-a-Boo Toys
October 2, 2023
Consumer Products
BMI Merchandise, backed by KLH Capital, has acquired Peek-a-Boo Toys of Cinnaminson, New Jersey. The acquisition adds Peek-a-Boo's plush toy designs to BMI's catalog, expanding BMI's product offering and enabling entry into new end markets within the family entertainment and amusement sectors.
-
Gebbia Media Acquires Big Machine Rock
June 2, 2025
Media & Entertainment
Gebbia Media, a subsidiary of Siebert Financial Corp., has acquired Big Machine Rock, the rock imprint associated with Big Machine Label Group (previously held by HYBE America). Scott Borchetta will continue overseeing operations and join Siebert Financial's advisory board, and the label’s artists will remain on the roster while gaining expanded promotional, catalog and cross‑platform resources.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.