- The capital infusion will be used to support Create’s growth
- The Raine Group acted as financial advisors to Create
- Based in Chicago and New York City, Flexpoint Ford invests in the financial services and healthcare industries
Flexpoint Ford has led a $165 million investment in Create Music Group, a Los Angeles-based music and entertainment company.
Music industry veteran Charles Goldstuck also joined the funding round.
The capital infusion will be used to support Create’s growth.
“We believe Jonathan and his team have set a new standard for the industry, challenging traditional music companies to rethink their strategies,” said Mike Morris, managing director at Flexpoint Ford in a statement.
The Raine Group acted as financial advisors to Create and Willkie Farr & Gallagher acted as legal counsel in connection with the transaction. Reed Smith acted as legal counsel to Flexpoint.
Create Music Group was founded in 2015.
Based in Chicago and New York City, Flexpoint Ford invests in the financial services and healthcare industries. Formed in 2005, Flexpoint Ford has approximately $8.2 billion of regulatory assets under management.