R&B crooner Jeremih is the latest act to cash in on the songs that propelled him to superstardom.
As a result of the deal, the investment firm now holds both publishing and recorded music rights to the singer’s classic hits.
“Jeremih’s hit songs including ‘Oui,’ ‘All The Time,’ and ‘Don’t Tell Em’ experienced far-reaching success, transcending global audiences and cultures and paved the way for a new generation of R&B artists,” said HarbourView Equity Partners CEO and Founder Sherrese Clarke Soares in an official statement.
Represented by Guy Blake and Granderson Des Rochers, Jeremih worked with Heidy Vaquerano and Cynthia Katz of Fox Rothschild LLP, who served as legal counsel to HarbourView in the deal.
While the exact terms and conditions of the agreement have not yet been disclosed, it’s worth noting previous asset acquisitions by HarbourView include songs from artists like Nelly, Wiz Khalifa, and a host of others. The company is also one of the first private equity firms to place its stake in the R&B/Hip-Hop music assets space.
As previously reported by AFROTECH, Wiz Khalifa’s singles like “See You Again,” Black & Yellow,” and “The Thrill” are now owned by HarbourView thanks to the deal.
“Sherrese and HarbourView truly understand the value of music and artistry,” said Wiz Khalifa in a statement at the time. “We are excited to partner with them as they continue to build a dynamic media company that aligns with the values and goals we all have here at Taylor Gang.”
HarbourView’s catalog has over 26,000 songs spanning its master recordings and publishing income streams.