Beat Management GmbH, the Germany based holding company advised by Rigeto Unternehmerkapital GmbH and majority held by Rigeto investors, has acquired a majority stake in the Beat Group, consisting of DANCE ALL DAY Musicvertriebs GmbH and NOVA MD GmbH. The group specialises in the digital and physical distribution of music and books. Armin Wirth continues to be available to the companies as managing director with the medium-term goal of establishing a succession plan together with Rigeto.
- Target – Nova Md GmbH
- Buyer – Beat Management GmbH
- Seller – Armin Wirth (private investor)
