UK-based artist administration firm ATC has acquired a majority stake in Uncooked Energy Administration, bringing collectively two outstanding 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 Deliver 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 Street, 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) based on a regulatory submitting revealed on Thursday (Could 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 places of work in Los Angeles and New York.
In 2021, ATC raised £4.15 million ($5.2m) to checklist on the Aquis Inventory Change Development 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 as we speak’s announcement, following its itemizing on the Aquis Development Market, ATC Group “has sought to strategically develop its vary of companies to artists and business companions”.
In accordance with the Aquis Inventory Change Development Market, ATC Group’s market cap worth is at the moment £18.81 million (approx $23.82m at present alternate charges).
Underneath the brand new partnership, Uncooked Energy’s UK group, together with Craig Jennings and Industrial Director, Don Jenkins, will relocate to ATC Administration’s London headquarters.
This alliance will likely be mirrored within the US, with the merging of each firms’ Los Angeles-based operations.
Outstanding Uncooked Energy act Deliver 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 area degree “internationally” and has achieved “transatlantic chart success” surpassing 1 billion streams of their music to this point 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 group 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 business 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 group, I’m delighted to start a brand new period of the corporate with Adam, Brian, Craig and everyone at ATC. It looks like we’re prepared for ‘Uncooked Energy Mark 2’, and this partnership matches 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 all the things for the advantage of our artists. I’ve watched over time as ATC have developed their artists on a worldwide scale and have at all times had nice admiration for the group and the best way they go about issues.
“This looks like an enormous alternative to take our artists to an entire new degree. I really feel that collectively we will likely 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 important milestone for ATC Administration.
“Much like Craig and the Uncooked Energy group, 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 prior to now, 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 international outlook, we already share a robust crossover from a musical and business 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 international outlook, we already share a robust crossover from a musical and business perspective.
“By coming collectively, we will now progress a variety of latest concepts that may add to the endeavours and ambitions of all our acts.”Music Enterprise Worldwide
