UK-born artist management company Various Artists has sold a minority stake in its business to US-based entrepreneur John McEvoy.
Various Artists Management was founded in 2008 by David Bianchi, Nick Ember and Matt Luxon.
Its roster includes La Roux, The Libertines, Tom Grennan (pictured), YONAKA, Barns Courtney, Spiritualized, Reverend & The Makers, Zuzu, Elli Ingram, Vishal & Shekhar, Millie Go Lightly and The Hunna among others. The company expanded with a Los Angeles office in November 2016.
McEvoy is a California-based businessman and investor with equity stakes in a diverse portfolio of business sectors. He founded San Diego-based mobile device distribution company, The Mobile Solution (TMS), in the late nineties.
McEvoy also has a large real estate holding company with property in numerous US states, and has equity positions with professional US sports teams – Colorado Rockies (Major League Baseball) and Nashville Predators (National Hockey League).
“John McEvoy is a hugely successful entrepreneur with a peerless track record of developing and scaling businesses in a number of different sectors. his enthusiasm for what we are trying to achieve, and his experience in helping businesses grow, will make him an invaluable addition to our team.”
Dave Bianchi, Various Artists Management
In addition, he has ownership in numerous restaurants, bars and music venues alongside interests in several electronic music promotions within the US.
Precise details of McEvoy’s acquisition stake percentage in Various, and financial details of the deal, are being withheld by both parties.
Dave Bianchi, co-founder and CEO of Various Artists Management, told MBW: “As Various Artists expands its operations around the world, particularly in the US, we are always looking for ways to maximise our resources and the commercial opportunities available to our artists.
“John McEvoy is a hugely successful entrepreneur with a peerless track record of developing and scaling businesses in a number of different sectors. His enthusiasm for what we are trying to achieve and [his] experience in helping businesses grow will make him an invaluable addition to our team.”
Various recently launched a specialist songwriter/producer/remixer division, which currently represents: Cenzo Townsend, Holly Hardy, Olly Burden, Joe Rubel , Glen Roberts, Jess Morgan, Frank Colucci Ben Jackson Cook, Quarry, Jack Leonard, Jamie Reynolds, Noah Booth, Natalia Saler, Danny Conners and Natalia Salter.Music Business Worldwide