Francisco Partners exits Muse Group (Audacity, Hal Leonard, MuseScore)

Francisco Partners, the private equity firm, is now exiting Muse Group amid 2026’s financial maneuvers. Muse Group is the Cyprus-based conglomerate that owns the publishing giant Hal Leonard, audio editor Audacity, notation software MuseScore and StaffPad, and the online platform Ultimate Guitar.

Muse Group to “partner” with music publishing giant Hal Leonard

Music consolidation continues – even beyond what we might have imagined. Hal Leonard is “joining” software maker Muse Group in a “partnership” (read: merger, but with separate operations, they say). Private equity giant Francisco Partners, the same company behind the NI – Plugin Alliance – iZotope conglomerate, is providing the investment.

Peter Kirn - December 4, 2023

Native Instruments and iZotope now sister companies, with backing from Francisco Partners

Make no mistake – music production is attracting investors. Just weeks after announcing it was acquiring a majority stake in Native Instruments, Francisco Partners now will create a parent company for both NI and iZotope, making two of the largest names in audio software “sister companies.”

Peter Kirn - March 11, 2021