Exceleration Music acquired the catalog of the Dutch independent, Heroic Music Group.
Heroic Music Group is a Dutch independent record label, publishing and artist management company founded by Budi Voogt and Tim van Doorne in 2013.
Heroic has managed the careers and released music by artists such as TikTok creator Ark Patrol, as opposed to Pluto, King Brown, Stephen, San Holo, DROELOE and Taska Black.
“Budi and Tim have created a great example of the best kind of new generation, self-sufficient independent music company.”
This agreement is Exceleration’s first in Europe and the latest in a series of investments and partnerships.
These include his recently announced venture with New York indie Mom+Pop Music, recent winners of A2IM’s Libera award for Major Independent of the Year, as well as deals with indie label Kill Rock Stars and Bloodshot Records; Los Angeles label SideOneDummy; and an alliance with the Justin Townes Earle estate announced in 2021.
Exceleration also owns the jazz label Candid Records and has partnered with Alligator Records and the renowned Ray Charles Foundation.
Exceleration partner Charles Caldas said: “Budi and Tim have created a great example of the best kind of new generation, self-sufficient independent music company.
“Since meeting them during my tenure at Merlin, I have been deeply impressed with the way they intended to build their innovative, forward-looking company, focused on strong values, underpinned by a truly independent spirit, a path with which we are also trying to forge Excellence. It’s an honor to be able to be custodians of the great music they’ve released.”
Heroic Co-Founder & CEO Budi Voogt said: “Glen, Charles and the partners at Exceleration have built a great reputation as stewards of independent music.
“We are happy to partner with them as we have a shared philosophy, we believe in their vision and we know they have a wealth of experience. They will be great guardians of the catalog and we are excited to see them take it to new heights.”
“Glen, Charles and the partners at Exceleration have built a great reputation as stewards of independent music. We are happy to partner with them as we have a shared philosophy.”
Heroic Co-Founder & COO Tim van Doorne said: “It took us a year to find the right part to shoulder our responsibilities to all the great artists we’ve worked with over the past decade.
“I am delighted that we were able to reach an agreement with Exceleration that, with their shared independent mindset and incredible team, can continue our legacy with new energies.”
The acquisition of SideOneDummy Records in January 2022 brought to Exceleration stable artists such as Flogging Molly, The Gaslight Anthem and Gogol Bordello, as well as more recent signings Nahko and Medicine for the People, PUP, Jeff Rosenstock, Tolliver, Rozwell Kid. and PÆRISH.
In January 2022, Exceleration integrated a series of new hires across Global Sales, Tag Management, Business Partnerships, Finance and A&R to drive operations and anticipated growth.
Exceleration was launched in January 2021 by former Concord Music Group CEO Glen Barros.
From day one, the company’s partners have included Dave Hansen (former general manager of Epitaph Records and executive chairman of Merlin), Charles Caldas (the first CEO of Merlin), Amy Dietz (former general manager of Ingrooves) and John Burk (Grammy Award-winning producer and former president of Concord Records).Music Business Worldwide
