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Business News Deals Live Business
Blue Raincoat acquires Spar-ks
By Andy Malt | Published on Tuesday 28 November 2017
Acquisitive independent music firm Blue Raincoat has announced the acquisition of Berlin-based electronic-music-focused booking and management agency Spar-ks. The deal will see the agency merge with Blue Raincoat’s existing artist management division, with Spar-ks CEO Katrin Schlotfeldt taking a new role at the company and bringing her existing roster of DJs and producers with her. It also means that Blue Raincoat will have a booking agency in its group alongside its management, label and music publishing concerns.
Blue Raincoat founders Jeremy Lascelles and Robin Millar say in a joint statement: “It was a natural fit for us to branch out into the agency business, and having got to know Katrin during the time when we both worked with [techno and house DJ] Luciano, she was our number one choice. She has great experience in the DJ and electronic music world, and has worked with some of the biggest names in this field and has built an enviable client roster with Spar-ks. We are THRILLED now to have a presence in mainland Europe and we welcome her to our company”.
Schlotfeldt adds: “I feel very honoured to be working with Jeremy, Robin, and the whole team at Blue Raincoat Music. After working with them on Luciano I have always wanted to find a way to continue the relationship and grow with them. The electronic music industry is changing with some new and very exciting opportunities and we are already starting to look at ways we can explore new avenues”.
