Authentic Brands Group adds OVO
The deal brings the OVO name and related brand rights into Authentic’s consumer and retail portfolio.
- Target
- OVO (IP of Drake’s lifestyle brand)
- Source
- PE Hub
Most recent deal Thursday, August 27, 2026.
The deal brings the OVO name and related brand rights into Authentic’s consumer and retail portfolio.
The music distribution and tools platform serves millions of independent artists worldwide, with existing backer Insight Partners retaining a minority stake.
The Italy-based ingredient manufacturer reported €1.5 billion in revenue last year and operates 19 facilities, serving pastry, bakery, chocolate and ice cream customers in over 100 countries.
The world's largest online chess platform gains a new investment partner as CVC looks to apply its sports and media expertise to further global growth.
Valued at about $4.3 billion, the carveout generated nearly $3.1 billion of 2025 sales and about $430 million of EBITDA.