KKR and CVC, two leading global investment firms, have announced that CVC has invested alongside KKR to support Superstruct Entertainment in its next phase of development as one of the world’s premier live entertainment groups.
In June 2024, KKR announced the acquisition of Superstruct, which owns and operates over 80 music festivals across 10 countries in Europe and Australia.
A CVC statement goes on to say that,with CVC coming on board, Superstruct gains another strong strategic partner to support the talented team who have led the company’s growth and success. The business will benefit from the combined global expertise, resources and capital of two leading investors with significant experience across the media and entertainment sector.
KKR brings extensive expertise in music, media, and entertainment through notable investments in companies such as BMG, ProSiebenSat1, GetYourGuide, Mediawan and Trainline. Similarly, CVC has a strong track record in the sector, with investments in Stage Entertainment, Formula One, Women’s Tennis and LaLiga, among others.