Sword, Rowe & Company has secured “substantial” funding from Virgo Investment Group and various unidentified investors for new music publisher Atlas Music Publishing. No financial terms were disclosed. Sword, Rowe & Company has a minority stake in Atlas Music Publishing.
NEW YORK–(BUSINESS WIRE)–Sword, Rowe & Company, a boutique investment bank focused on media, entertainment, technology and healthcare, advised on the launch and capitalization of Atlas Music Publishing, a new music publishing venture led by music executive Richard Stumpf. The firm was responsible for securing a substantial capital commitment from Virgo Investment Group and a select group of strategic investors. Managing Director Daniel Rowe served as financial advisor to Stumpf and Atlas Music Publishing.
Stumpf, a veteran music publisher, was most recently President of Imagem Music US and prior to that, SVP of Creative Services and Marketing at Cherry Lane Music Publishing. Throughout his career Stumpf has worked with artists such as Ozzy Osbourne, The Black Eyed Peas, John Legend, Quincy Jones, The Who, Sammy Hagar, John Denver, NSYNC, Willie Nelson and others. He sits on Boards for the National Music Publishers Association, American Association of Independent Music, Association of Independent Music Publishers, and The Recording Academy, for which he is a voting member. “After helping build two successful boutiques, I recognized that the time was right to launch my own writer-focused publisher,” said Stumpf. “Given his background and passion for the space, Dan Rowe was the ideal banker to partner with.”
Sword, Rowe & Company has legacy domain expertise in media, and specifically in music and original content. The Firm’s past clients include Capital Cities / ABC, ATO Pictures and the Hearst Corporation. The music industry is of particular interest to Rowe, a musician himself, who has worked on both the creative and business sides of the music industry for almost two decades. “A decade of disruption has left the music industry ripe with opportunity,” said Rowe. “I think Richard has the experience and vision to create substantial value for both his songwriters and his investors.”
Of note, Sword, Rowe & Co. also participated as an investor and owns a small minority position in Atlas Music Publishing. The firm has been increasing its merchant banking and co-investing activity since its re-launch in October 2013.
ABOUT SWORD, ROWE & COMPANY
Sword, Rowe & Company is a boutique investment bank founded in 1976 by William Sword Sr., a senior partner at Morgan Stanley. The firm, previously Wm Sword & Co., is highly focused and unconflicted, remaining true to its history of intense client fidelity. The firm’s principals have deep domain expertise, expertise that has been informed by operational and entrepreneurial experience, in a variety of sectors, specifically media, entertainment, technology, and healths care. Sword, Rowe & Company is headquartered in Princeton, NJ. For more information visit www.swordrowe.com, email [email protected], or call (609) 924-6710.
ABOUT ATLAS MUSIC PUBLISHING
Founded by Richard Stumpf (CEO) in late 2013, Atlas Music Publishing is a welcome alternative to big box, high volume music publishing. The company brings together a team of exceptional music professionals with proven track records who each understand that successful music publishing requires hands on attention in combination with high tech solutions. The company is headquartered in NY with an office in LA and on the ground representation in every global territory. Atlas currently represents songs performed by top stars such as John Legend, Daughtry, Icona Pop, Krewella, Prince Royce, and Colbie Caillat as well as new artists like The Falls and Daniel and the Lion. www.atlasmusicgroup.com
ABOUT VIRGO INVESTMENT GROUP
Virgo Investment Group is a private investment firm with committed and raised capital of over $600 million. Virgo focuses on opportunistic credit and shared-control, structured equity investments in partnership with top quality management teams and founder-run or family-owned companies. Virgo targets situations where there is an expected inflection point in the future earnings of a target company and opportunities where new ideas combined with influence, including a board governance role, can drive an asset appreciation outcome.