UK-based artist administration firm ATC has acquired a majority stake in Uncooked Energy Administration, bringing collectively two distinguished UK-born artist administration companies below one roof.
Based in 2006 by present CEO, Craig Jennings, Uncooked Energy Administration represents heavy music artists throughout rock and steel, together with 2024 BRIT Award winners Convey Me The Horizon, Bullet For My Valentine, The Mars Volta, The Damned, You Me At Six, Don Broco, Heartworms, Child Kapichi, The Chisel and Refused.
As a part of the independently-owned ATC Group, ATC Administration represents greater than 60 artists, composers and producers, together with Nick Cave, The Smile, PJ Harvey, Yaeji, The Hives, Sleaford Mods, Johnny Marr, Black Nation, New Highway, Kelela, Isobel Waller-Bridge and Kwes.
ATC has acquired a 55% stake in Uncooked Energy for £1.41 million in money (approx. $1.8 million) in keeping with a regulatory submitting revealed on Thursday (Might 16).
Alongside artist administration, the ATC Group encompasses reside reserving company ATC Reside, merchandise firm Sandbag, livestream enterprise Driift, ATC Companies and ATC Expertise.
The enterprise is headquartered in London, and operates workplaces in Los Angeles and New York.
In 2021, ATC raised £4.15 million ($5.2m) to record on the Aquis Inventory Trade Progress Market, below the ticker ATC.
ATC’s market cap was roughly £14.66 million ($19.3m) instantly after it began buying and selling in December 2021.
As per in the present day’s announcement, following its itemizing on the Aquis Progress Market, ATC Group “has sought to strategically develop its vary of providers to artists and trade companions”.
In line with the Aquis Inventory Trade Progress Market, ATC Group’s market cap worth is at present £18.81 million (approx $23.82m at present alternate charges).
Underneath the brand new partnership, Uncooked Energy’s UK workforce, together with Craig Jennings and Business Director, Don Jenkins, will relocate to ATC Administration’s London headquarters.
This alliance might be mirrored within the US, with the merging of each firms’ Los Angeles-based operations.
Outstanding Uncooked Energy act Convey Me The Horizon have been managed by Craig Jennings and Uncooked Energy Administration’s US President, Matt Ash, since 2008.
ATC notes that the band performs at enviornment stage “the world over” and has achieved “transatlantic chart success” surpassing 1 billion streams of their music up to now throughout all platforms.
“I AM DELIGHTED TO WELCOME THE EXPERTISE AND TALENT OF CRAIG AND THE RAW POWER TEAM TO ATC, ALONG WITH THEIR STELLAR ROSTER OF ARTISTS.”
ADAM DRISCOLL, ATC GROUP
Adam Driscoll, CEO, ATC Group: “I’m delighted to welcome the experience and expertise of Craig and the Uncooked Energy workforce to ATC, together with their stellar roster of artists.
“At coronary heart, our two firms have a standard objective – to assist artists and empower them to attain their inventive and industrial targets. By coming collectively and mixing forces, the capability to ship on these targets has elevated considerably.”
“ALONG WITH MATT, DON AND THE RAW POWER TEAM, I AM DELIGHTED TO BEGIN A NEW ERA OF THE COMPANY WITH ADAM, BRIAN, CRAIG AND EVERYBODY AT ATC.”
CRAIG JENNINGS, RAW POWER MANAGEMENT
Craig Jennings, CEO, Uncooked Energy Administration, added: “Together with Matt, Don and the Uncooked Energy workforce, I’m delighted to start a brand new period of the corporate with Adam, Brian, Craig and all people at ATC. It looks like we’re prepared for ‘Uncooked Energy Mark 2’, and this partnership suits completely with our ambitions for the corporate and our acts.
“Each ATC and Uncooked Energy worth integrity, perception within the acts we glance after, ardour for the music and doing every part for the advantage of our artists. I’ve watched over time as ATC have developed their artists on a worldwide scale and have all the time had nice admiration for the workforce and the way in which they go about issues.
“This looks like a large alternative to take our artists to an entire new stage. I really feel that collectively we might be a powerhouse organisation. It’s a really thrilling time ”
“SIMILAR TO CRAIG AND THE RAW POWER TEAM, ATC’S SPECIALISM IS LONG-TERM TALENT DEVELOPMENT ON A GLOBAL SCALE – WHETHER THAT’S BREAKING NEW ACTS, OR ENABLING ICONIC ARTISTS TO CONTINUE PUSHING BOUNDARIES.”
BRIAN MESSAGE, ATC GROUP AND CO-MANAGER, NICK CAVE, JOHNNY MARR, PJ HARVEY, THE SMILE
Brian Message, Co-founder, ATC Group and Co-manager, Nick Cave, Johnny Marr, PJ Harvey, The Smile: “It is a vital milestone for ATC Administration.
“Just like Craig and the Uncooked Energy workforce, ATC’s specialism is long-term expertise growth on a worldwide scale – whether or not that’s breaking new acts, or enabling iconic artists to proceed pushing boundaries.
“There’s a mutual admiration of what every firm has achieved previously, and an actual pleasure of what we’ll obtain collectively sooner or later.”
“As two London-based firms with a well-established footprint in Los Angeles and a very world outlook, we already share a powerful crossover from a musical and industrial perspective.”
Matt Ash, Uncooked Energy
Matt Ash, US President, Uncooked Energy Administration: “For Uncooked Energy, merging with ATC could be very thrilling.
“As two London-based firms with a well-established footprint in Los Angeles and a very world outlook, we already share a powerful crossover from a musical and industrial perspective.
“By coming collectively, we are able to now progress a variety of latest concepts that can add to the endeavours and ambitions of all our acts.”Music Enterprise Worldwide
