Music & Entertainment
Music retailers, instrument stores, and entertainment
2 PE-owned brands
PE-Owned Brands
Guitar Center
PE-Owned1 impact
Owned by Bain Capital
Bain's $2.1B LBO loaded $1.75B in debt. Filed Chapter 11 in 2020 but survived after eliminating $800M in debt.
Warner Music Group
PE-Owned
Owned by Bain Capital
Bain Capital-led consortium acquired Warner Music Group from AOL Time Warner for $2.6B in 2004. The acquisition preceded significant artist contract restructurings and layoffs. WMG went public in 2020.