Ithaca Holdings (Scooter Braun) Acquires Big Machine Label Group
June 30, 2019
Ithaca Holdings LLC, led by Scooter Braun, has acquired Big Machine Label Group from founder Scott Borchetta. The deal, supported by an additional equity investment from The Carlyle Group, transfers BMLG's artist roster, distribution deals, publishing assets and owned masters to Ithaca while Borchetta remains BMLG President and CEO and takes a minority stake in Ithaca.
- Buyers
- Ithaca Holdings LLC, Scooter Braun, The Carlyle Group
- Targets
- Big Machine Label Group
- Sellers
- Scott Borchetta
- Industry
- Media & Entertainment
- Location
- Tennessee, United States
- Transaction Type
- Buyout
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