Which entity is this text about?

Badfinger were a British rock band that, in their most successful lineup, consisted of Pete Ham, Mike Gibbins, Tom Evans, and Joey Molland. The band evolved from an earlier group called The Iveys that was formed in 1961 by Ham, Ron Griffiths and David "Dai" Jenkins in Swansea, Wales. The Iveys were the first group signed by the Beatles' Apple label in 1968. The band renamed themselves Badfinger and in 1969 Griffiths left and was replaced by Molland.

The Iveys formed in 1961 in Swansea, Wales from The Panthers, whose line-up consisted of Pete Ham (lead guitar) (b. Peter William Ham, 27 April 1947, Townhill, Swansea, d. 23 April 1975), Ron Griffiths (bass guitar) (b. Ronald Llewellyn Griffiths, 2 October 1946, Swansea), David "Dai" Jenkins (rhythm guitar) (b. David Owen Jenkins, 30 October 1945, Swansea), and Roy Anderson (drums). Playing under various names including The Black Velvets and the Wild Ones, by 1964 they settled on The Iveys, after a street in Swansea called Ivey Place.  In March 1965, drummer Mike Gibbins (b. Michael George Gibbins, 12 March 1949, Swansea, d. 4 October 2005) joined The Iveys. The group secured concerts around Swansea area, opening for prominent British groups such as the Spencer Davis Group, The Who, The Moody Blues and The Yardbirds.  By June 1966, Bill Collins (the father of actor Lewis Collins) had started to manage the group. In December 1966 the entire group moved into Collins' home at 7 Park Avenue, Golders Green, London, sharing space with an act called The Mojos. The house was terminally overcrowded, so the only place to find any privacy was in a room equipped with a two-track recording machine.  The group performed a wide range of cover tunes on the London circuit, from Motown, blues, soul to Top 40, psychedelic pop, and Beatles hits, which garnered interest from record labels. Ray Davies of The Kinks auditioned to produce them, recording three of their songs at a 4-track demo studio in London's Old Kent Road on 15 January 1967: "Taxi" and "Sausage And Eggs", songs by Ham; and Griffiths' "I Believe in You Girl". On 8 December 1966, Collins and the group signed a five-year contract giving Collins a 20% share of net receipts, the same as the individual group members, but only after managerial expenses had been deducted. Collins said at the time, "Look, I can't promise you lads anything, except blood, sweat and tears". The group performed occasional concerts backing David Garrick, while performing as The Iveys across the United Kingdom throughout the rest of the decade.  In August 1967, Dai Jenkins was asked to leave the group, and was replaced by Liverpudlian guitarist Tom Evans, formerly of Them Calderstones (b. Thomas Evans Jr., 5 June 1947, Liverpool, d. 19 November 1983). Jenkins' departure was remembered by Griffiths as being "politely asked if he would step down", as Jenkins seemed more interested in girls than the music.
Badfinger