Gibson Brands led the live music venue developer’s first external funding round, which included funds linked to Goldman Sachs and LionTree.
UK-based entertainment venue operator The Venue Group (TVG) Hospitality has raised $50m in a funding round led by musical instrument manufacturer Gibson Brands, the Financial Times reported today.
Funds managed by investment banking groups Goldman Sachs and LionTree took part in the round, which represents TVG’s first external funding.
Multiple partners at investment firm KKR filled out the participants in the round along with musicians, financial professionals and technology investors such as Stewart Butterfield, Joe Gebbia and Tom Kartsotis.
TVG…