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Lyric Capital Group acquires $130m premier music catalog
Other - JULY 13, 2021

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Lyric Capital Group acquires $130m premier music catalog

by Andrea Zander

Lyric Capital Group, a music private equity firm focused on investing in music royalties, has closed a $130 million investment with the support of new and existing limited partners. Eaton Partners, one of the largest placement agents and financial advisory firms and a wholly owned subsidiary of Stifel Financial Corp., acted as exclusive financial adviser and placement agent for the transaction.

The acquisition, a single-artist catalog, is a masters, publishing and video portfolio built by a renowned singer, songwriter and producer whose works span more than 20 years. The portfolio consists of numerous No. 1 U.S. singles, No. 1 U.S. albums, and many global awards from major music institutions. Closing of the transformative transaction coincided with the financing in June 2021.

The investment comes two and half years after Eaton advised Lyric on the acquisition of the Spirit Music Group portfolio in January 2019. With this acquisition, Lyric has now closed on more than $

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