Who is TouchTunes Owned By?
TouchTunes is a media and entertainment company that provides interactive music and video services to bars, restaurants, and other public venues. The company is owned by private equity firm TA Associates, which recently purchased it from investment funds advised by Searchlight Capital Partners and Newlight Partners.
The Brief Reason of ‘Who is TouchTunes Owned By?’
TouchTunes is a media and entertainment company that provides interactive music and video services to bars, restaurants, and other public venues. It is owned by private equity firm TA Associates, which recently purchased it from investment funds advised by Searchlight Capital Partners and Newlight Partners.
More Comprehensive Understanding of ‘Who is TouchTunes Owned By?’
TouchTunes is a media and entertainment company that provides interactive music and video services to bars, restaurants, and other public venues. The company was founded in 1998 and is headquartered in New York City. It has offices in the United States, Canada, and Europe.
In April 2022, private equity firm TA Associates announced that it had agreed to acquire TouchTunes from investment funds advised by Searchlight Capital Partners and Newlight Partners. The acquisition was completed in June 2022.
The acquisition of TouchTunes by TA Associates is part of the firm’s strategy to invest in companies that are leaders in their respective industries. TA Associates is a leading global growth private equity firm that has invested in more than 500 companies around the world.
Related Topics to ‘Who is TouchTunes Owned By?’
What Does TouchTunes Do?
TouchTunes is a media and entertainment company that provides interactive music and video services to bars, restaurants, and other public venues. The company’s services include jukeboxes, digital music and video streaming, and mobile applications. TouchTunes also offers a variety of marketing and promotional services, including targeted advertising, loyalty programs, and analytics.
What is TA Associates?
TA Associates is a leading global growth private equity firm that has invested in more than 500 companies around the world. The firm focuses on investments in technology, healthcare, financial services, consumer, and business services. TA Associates has offices in the United States, Europe, and Asia.
What is Searchlight Capital Partners?
Searchlight Capital Partners is a private equity firm that specializes in investments in technology, media, and telecommunications. The firm has offices in New York, London, and Toronto. Searchlight Capital Partners has invested in more than 50 companies, including TouchTunes.
What is Newlight Partners?
Newlight Partners is a private equity firm that focuses on investments in technology, media, and telecommunications. The firm has offices in New York, London, and San Francisco. Newlight Partners has invested in more than 40 companies, including TouchTunes.
Solutions and Conclusion
TouchTunes is a media and entertainment company that provides interactive music and video services to bars, restaurants, and other public venues. The company is owned by private equity firm TA Associates, which recently purchased it from investment funds advised by Searchlight Capital Partners and Newlight Partners.
The acquisition of TouchTunes by TA Associates is part of the firm’s strategy to invest in companies that are leaders in their respective industries. TA Associates is a leading global growth private equity firm that has invested in more than 500 companies around the world.
In addition to providing insight into who owns TouchTunes, this article has also provided an overview of the company’s services, as well as information about TA Associates, Searchlight Capital Partners, and Newlight Partners.
“We are excited to partner with TA Associates as we continue to build on our success and expand our offerings to our customers,” said TouchTunes CEO, Mark Rosen. “TA’s expertise in the media and entertainment space will be invaluable as we continue to grow our business.”
The acquisition of TouchTunes by TA Associates is an important step in the company’s growth and development. With TA Associates’ expertise and experience in the media and entertainment space, TouchTunes is well-positioned to continue to provide its customers with innovative and engaging services.
In conclusion, TouchTunes is owned by private equity firm TA Associates, which recently purchased it from investment funds advised by Searchlight Capital Partners and Newlight Partners. The acquisition of TouchTunes by TA Associates is part of the firm’s strategy to invest in companies that are leaders in their respective industries.
References:
1. TouchTunes – About Us
2. TA Associates Acquires TouchTunes
3. Searchlight Capital Partners
4. Newlight Partners