BlueRock acquires entertainment industry accounting firm White Sky
Advisory firm BlueRock has acquired White Sky, a company specialising in accounting services for the music and entertainment industry.
The acquisition will allow BlueRock to tap into the entertainment sector and leverage White Sky’s team of accountants, business advisors and royalties experts, a joint press release said.
“This partnership will really lift the level of tailored business support and advice available to the music industry,” said White Sky founder and managing director Tom Harris.
“The team at BlueRock share our values as people, they love our commitment to Australian artists and music businesses, and they bring something new to our industry with their experience in international tax strategy.”
White Sky provides financial services to Australian musicians including royalty and tour accounting, business management and bookkeeping. Their clients include household names such as Tame Impala, Dom Dolla and Julia Jacklin.
They also provide musicians with tax advisory, financial planning and business growth advisory services.
BlueRock is a multidisciplinary advisory firm geared towards entrepreneurs. It seeks to be a one-stop-shop for businesses that integrates advisors from legal, finance and digital spaces.
The firm offers a breadth of services across accounting, digital, finance, law, wealth and startup advisory.
The acquisition will see White Sky’s thirty Melbourne-based employees relocate to BlueRock’s head office in Melbourne’s CBD. In the press release, BlueRock reiterated its commitment to growing its market share through both organic growth and strategic acquisitions
Following the acquisition, White Sky clients will gain access to comprehensive financial, legal and private wealth advisory services, the press release said.
"We are always exploring partnerships that support our growth and provide improved services to Australian business owners, founders and families,” said Peter Lalor, BlueRock’s founder and CEO.
“The joining of BlueRock and White Sky will enable us to provide unparalleled services to Australia’s fantastic entertainment industry and facilitate significant growth for both firms."
