Warner Music Group Acquires Controlling Stake in Tempo Music Investments

Warner Music Group Acquires 300 Entertainment

December 16, 2021

Media & Entertainment

Warner Music Group (WMG) has acquired independent label 300 Entertainment and will integrate the label into its family of recorded-music businesses while preserving 300’s independent identity and New York headquarters. As part of the deal, 300 co-founder Kevin Liles will be appointed Chairman & CEO across 300 and Elektra Music Group, with the acquisition intended to expand 300’s global footprint and opportunities for its artists.

Tempo Title, LLC Acquires MBH Settlement Group from Farragut Capital Partners

February 24, 2021

Professional Services

Tempo Title, LLC (part of Acrisure Real Estate Services) has acquired MBH Settlement Group, L.C., a leading title and settlement provider in the Washington, D.C. metro area. The transaction represents an exit for Farragut Capital Partners, which had owned MBH since 2014 and supported the company's geographic expansion, technology enhancements, and strong financial growth.

Tempo Software Acquires ALM Works

December 23, 2021

Software

Tempo Software, a PE-backed provider of time, resource and portfolio management solutions, has acquired ALM Works, the developer of the Structure for Jira project and portfolio management suite. The deal expands Tempo's strategic portfolio management capabilities by combining ALM Works' project-structuring tools with Tempo's time and capacity management products as an add-on to its platform.

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.

Virgin Music Group Acquires Downtown Music Holdings

February 23, 2026

Media & Entertainment

Virgin Music Group (VMG) has completed its acquisition of Downtown Music Holdings, combining two major platforms that serve independent artists, labels and rights holders. The deal brings Downtown's distribution, publishing and artist/label services into VMG's global platform and names Pieter van Rijn as VMG Chief Operating Officer to lead integration and technology initiatives.

Warner Music Group Acquires Africori

February 12, 2025

Media & Entertainment

Warner Music Group has completed its full acquisition of Africori, the independent African music distributor founded in 2009 that represents thousands of artists. Africori will continue to operate as a standalone business with Yoel Kenan remaining CEO and will be integrated with Warner's global network to upstream artists and expand Warner's footprint across African markets.