Tyton Partners acted as exclusive financial advisor to ArtistWorks in its sale to TrueFire Studios.
In 2008, former AOL executive technologist David Butler set out to learn jazz guitar. With no acceptable teachers in his area, he built a revolutionary online system to enable anyone to get direct feedback from a master teacher anywhere in the world. Founded by David and former financial executive Patricia Butler, ArtistWorks is the leader in a new generation of online learning platforms. ArtistWorks’ multi-patented Video Exchange® Learning platform enables world-renowned musicians to “teach the world music” by presenting their teaching legacy in the form of extensive video lessons and direct feedback to subscribing students – creating an innovative, two-way online learning experience called “Video Exchange”.
About TrueFire Studios
TrueFire Studios is an alliance of the world’s leading online music education companies. We are passionate about democratizing music education by providing affordable, anytime, anywhere access to best-in-class artists and the most comprehensive music lesson library on the planet, across all major instrument categories. We provide exceptional revenue-share opportunities for educators while preserving artist-led music education for future generations.
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Transaction Type: Sell Side M&A
Transaction Date: July 2021