• Corporate Finance Transactions

BGL Announces Global M&A Transaction with Sale of Event Producer

July 13 2010

Brown Gibbons Lang & Company (BGL), the United States office of Global M&A, one of the world's leading independent M&A advisory firms, today announced the sale of a majority stake in ShowTime Budapest, a leading company in Hungary that specializes in the organization and promotion of live concerts and tour exhibitions to Sony Music. As the largest locally-owned events producer in Hungary, ShowTime has staged many of the country's most prestigious concerts for both popular local artists and international superstars including the Rolling Stones, Bon Jovi, Britney Spears and Sting. By joining forces with ShowTime, Sony Music Hungary will further strengthen its ability to market album releases and other products directly alongside artists' tours and concerts. The support provided by ShowTime will expand the reach of Sony Music's entire A&R function around breaking new acts and maximize the careers of its existing artists.

About Brown Gibbons Lang & Company
Brown Gibbons Lang & Company is a leading independent investment bank serving middle market companies and their owners throughout the U.S. and internationally. BGL’s professionals are experts in mergers & acquisitions, debt & equity placements, financial restructurings, and valuations & financial opinions. BGL is the U.S. partner in Global M&A, the world’s leading partnership of independent middle market financial advisory firms focusing on cross-border transactions. For more information, visit www.bglco.com. 
 
About Global M&A
Global M&A is one of the world's leading independent M&A advisory firms. Specialized in the middle market, we provide support and opportunities locally and internationally for clients buying or selling companies as well as financings, corporate restructurings and other corporate finance transactions. global m&a
 
About ShowTime Budapest
ShowTime is a leading international concert promoter with a history of strong performance and service excellence in promoting and producing live music events in Hungary for the world's top music artists and brands. Marton Brady, Managing Director of ShowTime has been booking shows for 20 years and founded ShowTime in 1995. ShowTime promoted more than 300 international shows so far. To date the company has worked with some of the top names in the music industry, including the Rolling Stones, Bon Jovi, Sting, Britney Spears, Leonard Cohen, P!nk, Eric Clapton and Eros Ramazzotti. About ShowTime Budapest ShowTime is a leading international concert promoter with a history of strong performance and service excellence in promoting and producing live music events in Hungary for the world's top music artists and brands. Marton Brady, Managing Director of ShowTime has been booking shows for 20 years and founded ShowTime in 1995. ShowTime promoted more than 300 international shows so far. To date the company has worked with some of the top names in the music industry, including the Rolling Stones, Bon Jovi, Sting, Britney Spears, Leonard Cohen, P!nk, Eric Clapton and Eros Ramazzotti. showtimebudapest
 

← Back to Press Releases