Slipknot have officially sold a majority stake in their music catalog to HarbourView Equity Partners, sealing a deal that had been rumored for months .

HarbourView confirmed the deal to The Hollywood Reporter on Tuesday, and that it includes both publishing and recorded royalties. While exact terms weren’t disclosed, Billboard previously reported in August that it is worth roughly $120 million.

In a statement, Slipknot percussionist M. Shawn “Clown” Crahan said of the partnership, “After 25 years of taking on the music business, we find ourselves with a partner that is willing to sign onto continuing what Slipknot started. Only they want to go even bigger. Get ready. Hail The Knot.” Related Video

Sherrese Clarke, Founder and CEO of HarbourView Equity Partners, added, “Slipkno

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