Denis Ladegaillerie, CEO and founder of Believe, has announced plans for significant acquisitions in the music industry following a consortium’s acquisition of 95% of Believe. Ladegaillerie, whose consortium includes EQT and TCV, outlines an ambitious strategy to spend between EUR €200 million and €300 million annually on acquisitions to expand Believe’s global footprint. With a focus on becoming a leading player in top global markets, particularly the US and the UK, Ladegaillerie signals potential interest in mid-level publishing and recorded music companies valued at USD $1 billion to $2 billion. Warner Music Group, which previously considered a takeover bid for Believe, may prove to be a competitor in this market. The consortium envisions taking Believe fully private in the future, aligning with its strategy to accelerate growth through acquisitions.

Music Industry, Private Equity, Mergers and Acquisitions,Global, United States, United Kingdom

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