Round Hill Music Ltd

We are pleased to announce that Cavendish has acted as the financial and Rule 3 adviser in a landmark transaction involving the acquisition of Round Hill Music Royalty Fund Limited (“RHM”) by Concord Cadence Limited. This transaction valued RHM at approximately US$468.8 million.

This deal signifies the culmination of a journey that began with the IPO of Round Hill Music Royalty Fund in November 2020. It is a testament to the strength of management, the quality of the portfolio, and the efficiency of the transaction. We look forward to witnessing the continued success of the combined entities in the future.

James King of Cavendish noted

” We are delighted to have played a key role in facilitating this deal and, through working closely with the Board, delivering substantial value to RHM shareholders.”