Acquiring Company
Pershing Square Capital Management
Acquired Company
Universal Music Group
New YorkSanta MonicaFinancial ServicesFinanceVenture CapitalAngel InvestmentSustainabilityMusicDescription
Pershing Square Capital Management has made a bid of $64 million to acquire a majority stake in Universal Music Group. The deal would merge Universal with Pershing Square SPARC Holdings, transitioning its listing from the London Stock Exchange to the New York Stock Exchange. Shareholders will receive $5.92 per share and additional stock in the new company.
Quick answer
Pershing Square Capital Management is acquiring Universal Music Group, announced April 16, 2026. Pershing Square Capital Management is based in New York, New York, United States.
- How much did Pershing Square Capital Management pay for Universal Music Group?
- The deal value was not disclosed.
- What does Pershing Square Capital Management do?
- Pershing Square Capital Management is a hedge fund founded by billionaire investor Bill Ackman.
- Where are Pershing Square Capital Management and Universal Music Group based?
- Pershing Square Capital Management is based in New York, New York, United States. Universal Music Group is based in Santa Monica, California, United States.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Finance
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Horizon Technology Finance merges with Monroe Capital (March 16, 2026)
- Horizon Technology Finance to acquire Monroe Capital (March 10, 2026)
- OTP Group acquires Primorski Skladi in Slovenia (May 22, 2026)
- CVC-led consortium to acquire Nexi S.p.A. (May 15, 2026)
- Franklin Templeton to acquire 250 Digital unit (May 4, 2026)
- Avenir Investment acquires Sammaan Capital for ₹8,850 Crore, $115 (March 24, 2026)
Who to call at Pershing Square Capital Management, and when
When Pershing Square Capital Management changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Pershing Square Capital Management raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Pershing Square Capital Management, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Pershing Square Capital Management. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Pershing Square Capital Management makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Universal Music Group?
Universal Music Group was acquired by Pershing Square Capital Management, based in New York. The deal was reported on April 16, 2026. Pershing Square Capital Management is a hedge fund founded by billionaire investor Bill Ackman. Pershing Square Capital Management is privately held and operates in Financial Services.
When did Pershing Square Capital Management acquire Universal Music Group?
Pershing Square Capital Management's acquisition of Universal Music Group was reported on April 16, 2026. Pershing Square Capital Management has made a bid of $64 million to acquire a majority stake in Universal Music Group. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Universal Music Group do?
At Universal Music Group, we exist to shape culture through the power of artistry. UMG is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audiovisual content. It is privately held, operating in Sustainability, and is based in Santa Monica.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.