Beatport Secures Financing Round Led by Square Nine Capital

Beatport secures financing led by Square Nine Capital, refinancing existing credit facility

October 5, 2026 By Mandy Dalugdug

Beatport , the music platform for DJs and producers, has secured new financing led by Square Nine Capital .

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The deal refinances an existing Beatport credit facility and brings additional capital into the company, according to an announcement from Square Nine on Wednesday ( September 30 ).

Beatport and Square Nine did not disclose the size of the investment or its terms. Square Nine’s website says the firm provides debt investments “at or near the top of the capital structure” and does not take control equity stakes.

According to Square Nine , the deal will provide Beatport with “additional flexibility to invest across its platform, products and broader ecosystem as the company expands its offerings for music creators around the world.”

Square Nine’s announcement also named Axar Capital , which MBW identified as Beatport’s majority owner in 2022 , when the company expanded its board of directors .

Axar’s Founder and Managing Partner, Andrew Axelrod , sat on that board.

Configure Partners served as financial advisor and Reed Smith LLP served as legal counsel to Beatport.

Paul Hastings LLP served as legal counsel to Square Nine.

> “Beatport has built an exceptional business and a truly differentiated position within the global music ecosystem.” Christopher Brown , Square Nine Capital

“Beatport has built an exceptional business and a truly differentiated position within the global music ecosystem,” said Christopher Brown , Principal at Square Nine.

“The company has an iconic brand, a deeply engaged community and a strong foundation to continue building on its leadership position within electronic music. We are excited to partner with the Beatport management team and Axar Capital as the company builds on its impressive momentum.”

“We have tremendous respect for the team at Axar and what they have built in partnership with Beatport’s management team,” said Griffin Coakley , also a Principal at Square Nine.

“Our strategy is centered on partnering with high-quality companies backed by thoughtful sponsors, and we are excited to support Beatport as it continues to invest in its platform and build on its leadership position in electronic music.”

> “Our strategy is centered on partnering with high-quality companies backed by thoughtful sponsors, and we are excited to support Beatport as it continues to invest in its platform and build on its leadership position in electronic music.” Griffin Coakley , Square Nine Capital

“We are excited to welcome Square Nine as a new capital partner to Beatport,” said Matt Gralen , CEO of Beatport.

“ Square Nine shares our conviction in Beatport’s leading position and strategic role, and we look forward to working together as we continue to invest in our platform and expand the ways we serve the global electronic music community.”

The deal arrives three months after Gralen took over as CEO of Beatport.

> “ Square Nine shares our conviction in Beatport’s leading position and strategic role, and we look forward to working together as we continue to invest in our platform and expand the ways we serve the global electronic music community.” Matt Gralen , Beatport

Previously Beatport’s President and Chief Financial Officer, Gralen succeeded Robb McDaniels in the role, as announced in April .

McDaniels moved into an Executive Chairman role on July 1, after nearly nine years as CEO.

He joined Beatport in 2017 , after parent company SFX Entertainment emerged from bankruptcy as LiveStyle , chaired by Axelrod.

According to Beatport , its revenue more than quadrupled under McDaniels, and its annual customer base passed one million.

In a 2025 interview with MBW , McDaniels said Beatport saw “mid-high teens revenue increases” in 2024 .

He said that growth was led by Beatport’s streaming subscription products, which grew by more than 30% that year.

Beatport’s live events arm hosted more than 50 Beatport Live events in 2025, according to the company.

In October 2025, Beatport launched Beatport Tickets , a ticketing service for dance music events, starting with labels, promoters, and venues in the UK and EU.

Square Nine was founded in 2025 by Peter Ma and Nicole Musicco .

The firm provides senior secured loans and structured capital to US middle-market companies “in complex situations, typically outside of a traditional LBO framework,” according to a press release issued in April .

That release announced a partnership between Square Nine and Liberty Mutual Investments , the investment firm for Liberty Mutual Group.

Before founding Square Nine, Ma was a Managing Director at Morgan Stanley , where he sat on the executive team of the private credit platform at Morgan Stanley Investment Management, according to Square Nine’s website.

Earlier in his career, he advised media and entertainment companies as an investment banker at MESA Securities .

Musicco previously spent 18 months as Chief Investment Officer of the California Public Employees’ Retirement System , according to Bloomberg Law .

Brown and Coakley, like Ma, came to Square Nine from Morgan Stanley’s private credit business.

Square Nine’s website now lists Bari Wiley , who joined from HarbourView Equity Partners , as its Head of Business Development. Bloomberg Law reported the hire in July.

HarbourView , founded in 2021 with backing from Apollo Global Management , acquired David Kershenbaum’s interest in producer royalties in September, including on Tracy Chapman ‘s Fast Car .

Beatport has raised debt financing before.

Its purchase of UK-based Loopmasters , which closed in December 2020, was financed through a senior secured credit facility.

That’s according to Houlihan Lokey , which served as Beatport’s exclusive financial advisor and placement agent on the deal.

Square Nine ‘s announcement did not say when the facility being refinanced was put in place or identify its lender. Music Business Worldwide

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_Originally reported by [Music Business Worldwide](https://www.musicbusinessworldwide.com/beatport-secures-financing-led-by-square-nine-capital-refinancing-existing-credit-facility/)._