Bridgepoint and GoldState Partner to Invest in Music-Oriented Businesses

Mid-market investor Bridgepoint has entered into a strategic partnership with music investment platform GoldState Music, which was founded in 2022 by music industry veteran Charles Goldstuck.

The details:

• Bridgepoint will commit a “significant investment” as lead investor in GoldState’s Growth Strategy.

• That strategy is focused on investing in and scaling growing businesses operating in the music value chain.

• Target areas include rights management platforms, digital distribution, music technology and related music industry infrastructure.

• The broader Growth Strategy is designed to capture structural growth trends within the global music market, driven by continued streaming expansion and the rising share of indie artists and labels.

The deal:

• GoldState will originate and actively manage the Growth Strategy’s underlying investments, as per the media release.

• It will focus on growing, profitable companies with healthy organic growth rates, exceptional leadership teams and well-established market positions.

What they said:

• Charles Goldstuck, Founder and Managing Partner of GoldState Music: “The continued expansion of the music ecosystem, coupled with the vibrancy we see in all facets of the industry, makes this one of the most exciting times in recent music investing. Partnering with Bridgepoint is a natural expansion of our investment activities, and I could not be happier partnering with Rohit and his team.”