Skip to content
Career Niche

Career Niche

All Information about Carrer

Menu
  • Carrer News
  • Carrer Management
  • Recuitment
  • Resumes
  • Interviews
Menu

Songtradr resumes Sequence E push (once more)

Posted on February 23, 2023June 23, 2023 by Bambang

Look who’s again in fund managers’ slush piles.

Songtradr’s music rights licensing enterprise is at it once more, asking buyers for an additional $US20 million or so in recent funds through Morgan Stanley’s Wealth unit and advisory boutique Bennelong Capital.

Morgan Stanley’s non-public bankers, who took the baton from capital market fits in December, have been framing the newest spherical as a “Sequence E extension”.

They reached out to HNW-types final week after its $33.7 million acquisition of UK’s 7digital Group, providing conferences with CEO Paul Wiltshire. That they had rounded up the unique $US40 million odd (and one other $US6 million) however have been leaving the door open for extra.

Concurrent to MS Wealth’s meets and greets, Bennelong Capital was out with a time period sheet. Its pitch was for $US21 million to $US26 million new fairness at $US371.4 million pre-money valuation. Expressions of curiosity have been due February 24, adopted by an indicative shut at month finish.

It is the primary time Avenue Discuss’s noticed Bennelong within the combine at Songtradr, which has been one thing of a banker magnet. Bennelong’s the sixth adviser, and follows Jarden, Goldman Sachs, Morgan Stanley, Lazard and Black Bamboo.

The official line is Bennelong wasn’t straight engaged by Songtradr and had been introduced in by Black Bamboo final 12 months. The corporate stated official advisers have been Morgan Stanley Wealth, Jarden and Black Bamboo, who had raised $US48 million and had one other $US12 million (lower than the $US20 million odd fund managers have been anticipating this week) to go.

Since March 2022, Songtradr has gone from asking for $US170 million at a couple of $US500 million valuation (which incorporates acquisition spending) to $US67 million odd at $US370 million valuation within the newest slice.

Continue Reading

Next Post:
Kenyan authorities not granting entry to the staff investigating the Arshad Sharif homicide, SC instructed
Previous Post:
Commerce resumes as Pakistan, Afghanistan reopens Torkham border

Recent Posts

  • The Power of Visual Branding in Business
  • How to Host an Event at a Hotel
  • How Technology is Reshaping the Healthcare Industry
  • Legal Protections for Freedom of Assembly
  • Understanding the Basics of Internet Security

"recuitment best practices in interviewing techniques best resume templates 2018 bloomberg careers career management center career management in hrm career management program career management skills ppt career management system career news articles careers examples of career management skills free resume software download importance of recruitment in hrm interesting career articles interview about interviewing methods and techniques interviewing techniques for employees interviewing techniques for employers interviews in research interview skills training for hiring managers interviews questions interview strategies interview strategies for employers interviews with serial killers interview tactics for employers interview tips job recruitment new resume recruitment recruitment policy recruitment process definition recruitment strategies resume resume format resumes 2022 resumes for high school students resumes templates resume template resume writing examples visual art terms what is career management what is career management system what is interview pdf what is recruitment in hr

About Us

  • Disclosure Policy
  • Contact Us
  • Sitemap

Patner link

©2025 Career Niche | Built using WordPress and Responsive Blogily theme by Superb

WhatsApp us