Francisco Partners has completed its exit of Muse Group, a San Francisco-based creator of music playing, recording and composing apps. The private equity firm initially invested in the music technology company in 2023, overseeing its growth during the partnership. Muse Group's portfolio includes popular brands like Ultimate Guitar and Audio.com.

During Francisco Partners' ownership, Muse Group significantly expanded by acquiring Hal Leonard, a Milwaukee-based sheet music publisher and music-learning provider. This strategic move strengthened the company's position in the competitive music education market. The acquisition added valuable assets to Muse's growing ecosystem of music applications and services for professionals and enthusiasts.

Following the exit, Muse Group remains majority owned and controlled by founder and CEO Eugeny Naidenov. Mo Chahdi continues serving as executive chairman and chief operations officer, maintaining leadership continuity. The company maintains its focus on developing innovative music tools for musicians and learners worldwide, with several new products currently in development.