Home > M&A deals 2003 > THL Partners and 2 others acquire Warner Music Group Corp.
Divestiture · Media/Entertainment · November 2003

THL Partners and 2 others acquire Warner Music Group Corp.

On November 1, 2003, THL Partners, Bain Capital Private Equity and Providence Equity Partners LLC acquired Warner Music Group Corp., a media/entertainment company in New York, United States, from Time Warner, Inc.

Deal at a glance

AnnouncedNovember 1, 2003 TypeDivestiture TargetWarner Music Group Corp. Buyers THL Partners
Bain Capital Private Equity
Providence Equity Partners LLC
Seller Time Warner, Inc. SectorMedia/Entertainment LocationNew York, United States ValueMembers only

Target company

Warner Music Group Corp.
New York, United States
Media/Entertainmentsector
-founded
Activestatus
View the company profile →

Buyers (3)

Private equity firm · 86 deals on record
Private equity firm · 236 deals on record
Private equity firm · 166 deals on record
  • 4th transaction for the lead buyer in media/entertainment
  • 11th transaction in United States
86deals, all time
8in this sector
2026latest

Seller

Company · 6 deals on record
6investments
2in this sector
5exits

Members only

Contact details at the buyers and sellers
The full deal history of every party
Co-investors and the other advisors on this deal
Deal value and revenue or EBITDA multiples

Related deals

PaveMasters LLCSame lead buyer · Aug 2026
Celerion Holdings, Inc.Same lead buyer · Apr 2026
Carpe DataSame lead buyer · Apr 2022
BrightTree StudiosSame sector and country · Jul 2026
Splash News & Picture Agency, Inc.Same sector and country · May 2022
Swagit Productions LLCSame sector and country · May 2022

Questions about this deal

Who acquired Warner Music Group Corp.?THL Partners, Bain Capital Private Equity and Providence Equity Partners LLC acquired Warner Music Group Corp. on November 1, 2003.

Who sold Warner Music Group Corp.?Time Warner, Inc. was the seller.

What type of deal was it?It was a divestiture in the media/entertainment sector in 2003.

See the full picture on AcquityDataContacts, full deal histories, co-investors and deal values. Free for a day with your Google account, no card needed.
Try it free
Data updated daily on AcquityData (Acquity Data).