From first call
to final signature.
Every transaction we close runs through the same four stages. Each one has a defined purpose, a defined output, and a defined exit point if the fit is not right.
- 01Stage one · Days
Introduction
A short, confidential call to understand what you own, what you are trying to achieve, and whether our mandate fits. Roughly half the catalogs that reach this stage do not move forward — usually because timing or structure is wrong — and that is absolutely fine.
What we need from you- A rough description of the rights you hold
- Your objective (full sale, partial, advance, liquidity event)
- Any timing constraints we should know about
What you get back- An honest first read on whether we are the right counterparty
- A clear outline of what our process will look like if we proceed
- A mutual NDA, signed before any data changes hands
- 02Stage two · ~1–2 weeks
Indicative valuation
Once we have basic royalty statements and catalog composition, we respond with a written indicative valuation range. It is non-binding, but it is defended by the assumptions we used and anchored in real data you can verify.
What we need from you- Royalty statements from the last three to five years
- A catalog list with basic rights breakdown
- Any existing label, publisher or administration agreements
What you get back- A written indicative range with assumptions explained
- A description of the diligence we would want to run next
- A proposed transaction structure for discussion
- 03Stage three · 3–6 weeks
Diligence
The serious work. A structured audit of royalty history, rights position, chain of title, contractual overhang, collection infrastructure and tax treatment. We run this on our side with our counsel and collaborators — you are not expected to build the data room.
What we need from you- Access to contracts, metadata and statement history
- Introductions to existing administrators or counsel where relevant
- Timely answers to follow-up questions
What you get back- A binding offer with a fixed valuation and clean terms
- A draft sale and purchase agreement
- A closing timeline we commit to
- 04Stage four · Days to weeks
Close & steward
Signatures, wire, and the hand-off of administration. From the close date onwards, the catalog sits within our portfolio. Our stewardship obligations — collections, audits, licensing standards — begin the day the transaction closes.
What we need from you- Execution of the SPA with your counsel
- Notices of assignment to collecting societies and administrators
- A clean list of any ongoing obligations to carry over
What you get back- Payment on the contracted closing date
- Documented assignment of rights to North Vale
- A single, permanent point of contact for the life of the catalog
Nothing leaves the room.
Every conversation begins with a mutual NDA. Catalog data, contract terms, valuations and even the fact that we are speaking to a given seller are treated as confidential at every stage of the process.
You do not need to worry about your name appearing in a trade publication before you are ready. We do not announce transactions without explicit, written consent.