KKR: CVC to invest in Superstruct Entertainment
(CercleFinance.com) - CVC has invested alongside KKR to support Superstruct Entertainment in its next phase of development as one of the world's leading live entertainment groups.
In June 2024, KKR announced the acquisition of Superstruct, which owns and operates more than 80 music festivals in 10 countries across Europe and Australia. The transaction has now closed.
Since its creation in 2017, Superstruct has become one of the leading operators in the world of live entertainment. Superstruct owns some of Europe's most renowned events, such as Wacken Open Air, Defqon.1, Parookaville, Tinderbox, Zwarte Cross and Sónar.
With the arrival of CVC, Superstruct gains another strong strategic partner to support the talented team that has driven the company's growth and success. The company will benefit from the combined global expertise, resources and capital of two leading investors with significant experience in the media and entertainment sector, the group says.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
In June 2024, KKR announced the acquisition of Superstruct, which owns and operates more than 80 music festivals in 10 countries across Europe and Australia. The transaction has now closed.
Since its creation in 2017, Superstruct has become one of the leading operators in the world of live entertainment. Superstruct owns some of Europe's most renowned events, such as Wacken Open Air, Defqon.1, Parookaville, Tinderbox, Zwarte Cross and Sónar.
With the arrival of CVC, Superstruct gains another strong strategic partner to support the talented team that has driven the company's growth and success. The company will benefit from the combined global expertise, resources and capital of two leading investors with significant experience in the media and entertainment sector, the group says.
Copyright (c) 2024 CercleFinance.com. All rights reserved.