Ben Lovett backed by musicians and tech heavyweights in $50mn round led by Gibson Brands
A host of musicians, tech billionaires and international financiers have backed the US expansion of a British music venue business set up by a founding member of folk rock band Mumford & Sons.
The Venue Group (TVG) Hospitality has raised its first external funds since its 2015 founding by musician Ben Lovett and his brother Greg, a former finance director of Soho House North America.
The $50mn funding round was led Gibson Brands, which is chaired by ex-KKR partner Nat Zilkha, with the participation of funds managed by Goldman Sachs and LionTree as well as various partners at KKR.
Read more: Financial Times
