CVC private equity now has a majority stake in DistroKid, music distribution

Capital and private equity continue to fly in the music and music tech industries. CVC has acquired a majority stake in the music distribution giant DistroKid, with Insight VC keeping a significant share.

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.

Peter Kirn - June 3, 2026

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