Square Nine Leads Financing for Beatport

Investment supports the continued expansion of the leading global platform for DJs, producers and electronic music

LOS ANGELES & NEW YORK--(BUSINESS WIRE)-- Square Nine Capital (“Square Nine”) announced an investment in Beatport, a leading creator-focused digital music platform serving DJs, producers, labels, and artists. The investment refinances an existing credit facility and provides additional capital to support Beatport’s strategic priorities and further strengthen its position at the center of the global electronic music ecosystem.

Founded in 2004, Beatport has established itself as a leading destination for DJs and electronic music creators, connecting artists, labels and fans through its suite of music discovery, streaming and production tools. The company’s platforms serve a global community of DJs, producers and fans and play an important role in how electronic music is discovered, purchased, created and performed.

“Beatport has built an exceptional business and a truly differentiated position within the global music ecosystem,” said Christopher Brown, Principal at Square Nine. “The company has an iconic brand, a deeply engaged community and a strong foundation to continue building on its leadership position within electronic music. We are excited to partner with the Beatport management team and Axar Capital as the company builds on its impressive momentum.”

Square Nine’s investment will provide Beatport with additional flexibility to invest across its platform, products and broader ecosystem as the company expands its offerings for music creators around the world.

“We have tremendous respect for the team at Axar and what they have built in partnership with Beatport’s management team,” said Griffin Coakley, Principal at Square Nine. “Our strategy is centered on partnering with high-quality companies backed by thoughtful sponsors, and we are excited to support Beatport as it continues to invest in its platform and build on its leadership position in electronic music.”

“We are excited to welcome Square Nine as a new capital partner to Beatport,” said Matt Gralen, CEO of Beatport. “Square Nine shares our conviction in Beatport’s leading position and strategic role, and we look forward to working together as we continue to invest in our platform and expand the ways we serve the global electronic music community.”

Configure Partners served as financial advisor and Reed Smith LLP served as legal counsel to Beatport. Paul Hastings LLP served as legal counsel to Square Nine.

About Beatport

Beatport is a global leader in music for DJs, producers and electronic music fans. Through its portfolio of products and services, Beatport connects the global electronic music community and provides DJs and creators with tools to discover, purchase, stream and create music. Founded in 2004, Beatport serves customers around the world across its digital platforms. For more information, visit www.beatport.com.

About Square Nine

Square Nine is a private investment firm providing flexible capital solutions to middle-market companies. The firm partners with founders, owners, management teams and financial sponsors to support growth, acquisitions, refinancings, recapitalizations and other strategic initiatives. Square Nine invests across the capital structure with a focus on situations that benefit from speed, creativity and long-term partnership. For more information, visit www.squareninecapital.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20261001235936/en/

Media Contact:
Greg Shamo
Square Nine Capital
[email protected]

Source: Square Nine Capital

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