Addleshaw Goddard advised Liberum Capital, financial adviser to Songtradr, Inc. on Songtradr's takeover offer for 7digital Group plc.
The recommended cash offer values 7digital Group plc share capital at c. £19.4m.
Songtradr is one of the world's largest B2B music licensing companies, delivering music solutions to music rights holders as well as brands, agencies, digital platforms and content creators. The Songtradr platform is a B2B music licensing marketplace and its technology is designed to connect music rights holders such as artists, labels, and publishers with brands, advertisers, video games, digital platforms and content creators.
Corporate partner, Giles Distin, and legal director, Jeremy Cruse at Addleshaw Goddard advised.