Business News Deals Labels & Publishers

Exceleration Music acquires Heroic Music Group catalogue

By Chris Cooke | Published on Thursday 28 July 2022

Independent music investment firm Exceleration Music has announced its first deal in Europe, acquiring the catalogue of Dutch indie the Heroic Music Group.

The company says that the founders of the Heroic Music Group – which has worked as a label, publisher and artist management firm – are now pursuing new ventures.

Via its deal to acquire the group’s catalogue, Exceleration will “work to keep the recordings truly independent and ensure that the musical legacy that Heroic and its artists have created is preserved and enhanced across the global market”.

Confirming the deal, one of those founders, Tim van Doorne, says: “We took a year to find the right party to adopt our responsibilities to all the great artists we’ve worked with this past decade. I’m very happy we were able to reach an agreement with Exceleration who, with their shared independent mindset and incredible team, can continue our legacy with new energy”.

Also name-checking Doorne’s co-founder Budi Voogt, Exceleration partner – and former boss of the indie label digital licensing network Merlin – Charles Caldas adds: “Budi and Tim have created a great example of the best kind of new-generation, self-sufficient independent music company”.

“Since meeting them during my tenure at Merlin”, he goes on, “I was deeply impressed with the way they were intent on building their groundbreaking, future-facing company focused on strong values, underpinned by a truly independent spirit, a path we are also trying to forge with Exceleration. It’s an honour to be able to be custodians of the great music they have released”.