EQT-Led Consortium Acquiring Majority 72% Stake in Believe Following Board Approval

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On April 19, 2024
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EQT-Led Consortium Acquiring Majority 72% Stake in Believe Following Board Approval, Launching Public Offer on Outstanding Shares

An investment consortium spearheaded by EQT, alongside Believe’s longtime investor TCV and company CEO and founder Denis Ladegaillerie, is now securing a controlling stake of nearly 72% in digital music distributor Believe. The acquisition go-ahead follows a ringing endorsement from Believe’s Board of Directors, signaling full confidence in the deal.

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