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FKP Scorpio Strengthens Nordic Presence By Acquiring Another Agency
Courtesy of FKP Scorpio – Here’s to a successful partnership
From left: Erica Leypoldt, Eivind Fadnes, Folkert Koopmans, Joël Schwalenstöcker, Pia Litleskare, Mari Fjeld, Freddie de Wall, Ottar Schanke Eikum, Nicolai Sten Jørgensen, Linn Thomassen.
FKP Scorpio has taken a majority stake in Oslo-based agency Nordic Live AS for an undisclosed sum.
Nordic Live was founded in 2017 by Erica Leypoldt, Kim Nordbæk, Ottar Schanke Eikum and Joël Schwalenstöcker, formerly at Live Nation, Ultimat Artist, Mentometer and TimeOut Agency, respectively.
Nordic Live represents more than 60 domestic and international acts. The domestic roster includes artists like Alan Walker, Ina Wroldsen and Gabrielle. The agency’s domestic roster alone played some 1,000 shows in 2019, amounting to a total turnover of more than NOK 80 million ($9 million), by Nordic Live’s own admission.
FKP Scorpio first set foot in Norway effective Jan. 1, 2018, by acquiring Goldstar AS, and forming FKP Scorpio Norge AS. The company’s head promoter Stian Pride and his team will work closely with the newly integrated team of Nordic Live over the course of 2020.
The Nordic Live founders released the following joint statement: “We have been able to carve out a decent slice of the Norwegian market in just a few years as one of the very few remaining independents.
“We have done everything ourselves and our own way, but once we met with FKP Scorpio, we immediately knew this was the right partnership to take the company to the next level.”
FKP Scorpio founder and CEO Folkert Koopmans commented: “We are very happy about our teaming up with Nordic Live and the merger with our already strong team in Norway. Their local artist roster will complement our portfolio and will strengthen FKP Scorpio’s importance for the local Norwegian music scene as a reliable partner. We are very excited about the future prospects of our Norwegian branch.”
More on FKP Scorpio’s moves in the Nordics: