CVC Capital Partners agreed on 6 July to make a majority investment in DistroKid, which distributes music from independent artists to streaming services.
Why CVC Capital Partners (CVC Capital Partners IX) is buying DistroKid
DistroKid describes itself as the world's leading music distributor; CVC is investing through its ninth flagship fund.
Deal terms and financing
Insight Partners keeps a significant minority stake. Financial terms were not disclosed.
Regulatory approvals and timing
The transaction was expected to close in the third quarter of 2026, subject to customary conditions.
Market context
Music Business Worldwide reported in January that DistroKid was exploring a sale at around $2bn.
