Acquiring Company
BMG
Acquired Company
Concord
BerlinMusicInformation TechnologyProfessional ServicesSoftwareDescription
BMG and Concord have reached a definitive agreement to merge, creating a significant player in the music industry. The new entity will be primarily owned by BMG's parent company, Bertelsmann. This merger aims to enhance resources and technology, fostering long-term growth and investment in artists. The deal is subject to regulatory approval and is expected to close in late 2026.
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Based on deal dataFrequently asked
Who acquired Concord?
Concord was acquired by BMG, based in Berlin. The deal was reported on April 28, 2026. BMG is a music company focused on publishing, acquiring or re-signing catalogs by artists from various genres. BMG is privately held and operates in Music.
When did BMG acquire Concord?
BMG's acquisition of Concord was reported on April 28, 2026. BMG and Concord have reached a definitive agreement to merge, creating a significant player in the music industry. The new entity will be primarily owned by BMG's parent company, Bertelsmann. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Concord do?
Concord is a technology consulting firm based in Minneapolis, MN. Founded in 2003, Concord provides strategic consulting and technology services in the cloud, integration, and data space. It is privately held, operating in Information Technology.
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