Acrobat Group Limited
  Acrobat Music is a UK-based record label specialising in collectors’ and re-issue CDs which has been established as a vehicle to acquire and exploit music master rights.
Deal:
 
 

Acrobat's aim is to become the UK's leading re-issue specialist. It has used its initial tranche of investment to acquire the TKO catalogue of recordings, a British-based operation that has a library of over 22,000 original artist titles including Glen Campbell, Frank Sinatra and Duke Ellington.

As well as reissuing their recordings, management will digitize all acquired recordings and intend to make them available for download via The Orchard, the world's largest digital music wholesaler who supplies downloads to many of the world's leading internet music portals including emusic, i-tunes, AOL, Napster, Yahoo & MSN.

Acrobat's senior management team brings together a wealth of record industry experience from companies such as Transatlantic, EMI and Sanctuary Records. Their expertise and industry contacts combined with Electra Quoted's investment will enable the company to expand quickly through further catalogue acquisitions to become a powerful force in the global music market.
Investment in Media:
  Electra Quoted is a smaller companies investment specialist that looks to support proven management with highly developed growth strategies. With significant experience of the media and entertainment sector, Electra Quoted is the ideal partner for media companies looking for added value from their financial partner.
Electra Quoted Management:
  Electra Quoted Management specialises in providing £2 million to £5 million of equity finance for management buy-outs and development capital for UK companies in transactions with an enterprise value of up to £20 million.
Contact Details:
For further information on this transaction, please contact: Antony Fraser, Electra Quoted Management Ltd, Paternoster House, 65 St Paul’s Churchyard, London, EC4M 8AB Tel: 020 7306 3924 afraser@electraquoted.com

Issued by Electra Quoted Management Limited. www.electraquoted.com.
Electra Quoted Management Ltd is authorised and regulated by the Financial Services Authority.

 
This note is for information only and is provided for Professional use only on a confidential basis. It is not an offer, invitation or recommendation to apply for shares in the VCT or the Company which is the subject of this note.