Hg returns to software dealmaking with Rightsline acquisition
Summary
Hg Capital has agreed to acquire Rightsline, a California-based provider of rights and royalties management software. The deal is valued at about $500 million including debt. Rightsline serves media and entertainment clients such as Disney, the BBC, and Warner Bros Discovery. The acquisition marks Hg’s return to software dealmaking after a period of volatility in SaaS valuations and buyout activity.
Classifications
industries
Entertainment
applications
Data Management
AskAI Classifications
Labels
Rights Management Software
Royalties Management Software
SaaS
Linked Companies
Rightsline
$1M to $5M