Dan McCarroll, Litmus co-founder and chief creative officer, was once president of Capitol Records, so he’s had a working relationship with Katy for over a decade.

“Katy Perry is a creative visionary who has made a major impact across music, TV, film, and philanthropy. I’m so honored to be partnering with her again and to help Litmus manage her incredible repertoire,” he said in a statement, via Billboard.

Litmus has acquired publishing and recording rights of artists like Keith Urban and Benny Blanco.

Hank Forsyth, Litmus co-founder and chief executive officer, said Katy‘s “essential” songs are “part of the global cultural fabric.”

“We are so grateful to be working together again with such a trusted partner,” he said.

“We believe this is a testament to the team’s ability to partner with the world’s top artists. Katy’s iconic songs have not only achieved outstanding commercial success but have significantly influenced popular culture,” added Matt Settle, managing director at Carlyle.

Justin Bieber similarly just sold his music in a multi-million dollar deal.