Air-Edel Associates, co-founded by legendary Beatles producer George Martin, has parted ways with its parent company, the Cutting Edge Group, in a buyout led by Air-Edel managing director Maggie Rodford and backed by an investor group led by Robert Cope.

Air_Edel_LogoFounded by Martin and Herman Edel in 1969, Air-Edel began by managing and representing composers for film, TV and commercials. In 1991, it bought its own studios, Air-Edel Recording Studios, growing into a music supervision, management and publishing company. It was bought in 2007 by CEG, one of leading international music financier and services providers, working directly with film and TV studios, independent producers, and global brands.

Air-Edel provided music services to such recent films as Birdman, The Boxtrolls and the upcoming Paddington and represents film composers including Dario Marianelli (The Boxtrolls) and Patrick Doyle (Cinderella). Projects engineered or mixed at Air-Edel Recording Studios include Mr. Turner and Jack Ryan.

“This deal is a friendly divestment, one that’s great for both parties,” said CEG CEO Philip Moross, whose company has provided its investment capital and music services to more than 400 feature films including Whiplash, Fury and Best Picture Oscar winner The King’s Speech.