Francisco Partners exits its minority investment in Muse Group, owner of Audacity, Hal Leonard and Ultimate Guitar
Summary
Francisco Partners has exited its minority investment in Muse Group, which owns Audacity, MuseScore, Ultimate Guitar, and Hal Leonard. The deal was financed with senior credit facilities and cash on hand, not with a new equity investor. Muse Group says it remains majority owned by founder and CEO Eugeny Naidenov and will keep investing in product innovation, AI-enabled workflows, and selective acquisitions. The company also plans to deepen integration across its music learning, recording, publishing, and licensing tools. This move follows the company’s earlier acquisition of Hal Leonard and its broader push to build a connected music technology platform.
Classifications
industries
InsurTech
applications
Anti Piracy
AskAI Classifications
Labels
Music Software
SaaS
Audio Editing Software
Linked Companies
Muse Group
$25M to $50M