Ropes & Gray has advised Kupanda Holdings—a joint venture between Kupanda Capital and TPG Growth—on its partnership with Mavin Global, Africa's industry-leading music label.
The deal, announced on January 31, will enable Mavin Global—which is home to iconic African artists like Tiwa Savage and Korede Bello, and has shaped the sound of Afrobeats music—to focus on scaling operations to meet rapidly growing international demand for African music, expanding its roster, and strengthening its services across A&R, touring, marketing, distribution, publishing and partnerships.
Kupanda Capital is a leading investment and advisory firm established to incubate, capitalize and scale pan-African companies; TPG Growth is known for its ability to grow businesses.
The Ropes & Gray team was led by mergers & acquisitions partner Carl Marcellino (New York) and private equity associate David Dowling (London).
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