Create Music Group Gets $165M Backing From Private Equity Firm Flexpoint Ford ...Middle East

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Chicago-based private equity firm Flexpoint Ford said on Tuesday that it invested $165 million in Create Music Group in a funding round that a source said values Create as worth $1 billion. Create plans to use the money to scale operations, expand services and fund acquisitions, said CEO & founder Jonathan Strauss. “Flexpoint’s investment will support our ambitious acquisition strategy, which will allow us to expand our market presence and create the scale to continue to provide unparalleled services to our clients and partners,” Strauss said in a statement. Founded in 2015, Hollywood-based Create Music Grou

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