COFIDES drives BMAT's growth in France and Singapore through strategic acquisitions

 

The Spanish company BMAT Music InnovationA leader in music monitoring technology, has taken a decisive step in its strategy to Capabilities with the acquisition of two companies in Francia y Singapur, with the financial backing of COFIDES.

 

Strategic investment in the French and Singaporean markets

 

To perform these operations inorganic growth, COFIDES has formalized two co-investment loans totaling €577.000. These transactions have been structured through the Fondo para Operaciones de Inversión en el Exterior de la Pequeña y Mediana Empresa (FONPYME), a key instrument for supporting Spanish SMEs abroad.

 

In the European market, the firm has allocated 227.000 euros to the purchase of ImprovizeA French software company with over thirty years of experience in the music industry. Meanwhile, in Southeast Asia, €350.000 has been invested to acquire a technology company in Singapur specialized in the processing of music rights, thus consolidating the hub company operations in the region of Pacific Asia.

 

 

Destination of the Investment	Acquired Entity / Sector	Loan Amount	Financing Fund
Francia	Improvize (Music software)	227.000 €	FONPYME
Singapur	Technology (Music Rights)	350.000 €	FONPYME
Total	External Growth	577.000 €

 

Consolidation of Spanish technology in the digital economy

 

Support from COFIDES a BMAT This is not a recent development; the institution has been supporting the technology company since 2019 in its expansion into markets such as Argentina, Estados Unidos, Reino Unido y Japón. As indicated Miguel Ángel Ladero, director of the Investment Department of COFIDES:

 

"The international growth of Spanish technology companies such as BMAT This demonstrates the capacity of our business sector to compete globally in high value-added sectors. With these operations, we promote projects that foster... innovation and reinforce the positioning of España in the digital economy."

 

 

For its part, Salvador Gurrera, financial director of BMAT, highlights that this funding has been vital for the operations of M&A (mergers and acquisitions): "We have taken another step towards consolidating ourselves as the operating system of the music industry."

 

BMAT's global capabilities

 

Founded in Barcelona brand in 2006 BMAT It has specialized in managing the traceability of musical content across various channels:

 

• Monitoring of radio and television broadcasts.
• Royalty management on platforms streaming and video on demand.
• Data services for collective management societies and record labels.
• User-generated content (UGC) processing.

 

Key points and frequently asked questions about BMAT's growth

What is the purpose of the new acquisitions in France and Singapore?

The goal is to expand technological capacity to offer more powerful solutions to music publishers in Francia and strengthen the strategic presence in the Asian market for music rights monitoring.

What financial instruments were used in this transaction?

Two co-investment loans have been formalized through the Fondo para Operaciones de Inversión en el Exterior de la Pequeña y Mediana Empresa (FONPYME), managed by COFIDES.

What is BMAT's expansion trajectory with the support of COFIDES?

Since 2019, the company has opened subsidiaries and made acquisitions in key markets such as Estados Unidos, Japón, Italia, Reino Unido y Argentina.