NEW YORK, (CelebrityAccess) — Rosemont Group Capital Partners' CEO Freddie Achom has confirmed the acquisition of its social media management business, JustGo by TuneCore. Details of the deal were not disclosed but TuneCore itself was acquired by French Media Company Believe Digital just last year.
JustGo launched in 2013 by founder Justin Golshir, raising $1.7 million in venture capital led by Freddie Achom's Rosemont Group Capital Partners and since the company has focused on social media management for the electronic music industry.
TuneCore said it intends to rel-launch the platform as TuneCore Social, an all-in-one social media management and analytics tool for musicians that is free to use for all of its distribution customers in the U.S., Canada, UK and Australia markets.
As part of the acquisition, JustGo's Founder and CEO, Justin Golshir will join TuneCore and oversee the integration of JustGo.
"I am pleased to confirm the acquisition of one of our portfolio technology companies, JustGo by TuneCore," says Freddie Achom "Our aim is to work closely in realising the dreams of the entrepreneurs and visionaries we select and of course to make a return on our investment. We have done so in a relatively short space of time with JustGo and for that we thank Justin and his team." – Staff Writers