Shot Tower Capital, the premier investment bank focused on the music industry, is pleased to announce it acted as the exclusive financial adviser to Concord Music Group in connection with its purchase of the publishing and recorded music catalogs of Tony Banks, Phil Collins and Mike Rutherford including their respective interests in Genesis, Phil Collins solo works and Mike Rutherford’s interests in Mike + the Mechanics.
The completion of this deal continues a successful year for Shot Tower having closed transactions with an aggregate value of in excess of $1 billion since December 2021, including the recent sales of the music assets of Hitco, SoundHouse, the Estate of James Brown and SideOne Dummy Records as well as the conclusion of long-term advisory assignments for the Prince and Aretha Franklin estates.
About Shot Tower Capital
Shot Tower Capital LLC is the leading investment banking boutique providing advisory and capital raising services* to the music industry where it has completed more transactions globally than any other advisory firm. Our principals have completed M&A and financing transactions with an aggregate value of in excess of $60 billion with approximately 1/3 of those transactions in the music industry. Shot Tower has extensive global and cross border expertise, having completed transactions involving clients and counterparties in the U.S., Canada, UK, Europe, Latin America, China, Japan, and the Middle East.
*Securities transactions executed through Shot Tower Securities LLC, member FINRA/SIPC.
