MAMA confirms £7.3m MBO, further acquisitions planned

MAMA Group has confirmed that it has been acquired for £7.3m as part of an internal management buyout, led by CEO Dean James.

Funding for the deal, which sees MAMA leave HMV ownership, was provided by private equity house LDC.

MAMA said today that the deal will 'provide' a strong buy-and-build platform that will help to create a global integrated live music business'.

CEO James will lead a strategy targeting both UK and overseas opportunities - with future international acquisitions ...

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