Edition successfully completes the first round of the First Edition EIS fundraise

Following a successful period of fundraising, Edition Capital are pleased to confirm the allotment of the first round of fundraising.

Each business will benefit from Edition Capital’s hands-on operational and strategic experience as they enter the next growth phase of their development.

If you are a business seeking investment and would like a meeting with one of the Edition team to find out more, please contact jamie.jones@editioncapital.co.uk.

Superstruct Entertainment announces acquisition of Elrow

Superstruct Entertainment are pleased to confirm the acquisition of Barcelona based promoter, Elrow.

Elrow is a promoter of electronic music parties at festivals and clubs throughout Europe and is active in 14 countries. James Barton, CEO of Superstruct commenting on the acquisition said, “The Elrow team has created a unique experience that is loved by fans. We are excited to partner with and support such an impressive team and look forward to unlocking new growth opportunities for their business.”

Read the full story here.

 

Edition announces the launch of entertainment focused EIS

Following the recent announcement of the successful sale of Impresario Festivals plc’s festival portfolio to the media and entertainment group Global, we have announced the details of ‘First Edition EIS’, an investment fund that aims to provide growth support for businesses in the media and entertainment sectors. The fund will focus on the live entertainment, television, venues and immersive media sectors, building upon the expertise of the Edition Capital team.

The fund will span both profitable and pre-profit businesses, from the roll out of existing established concepts through to the creation of new assets in the many promising areas of the media and entertainment fields.

First Edition EIS presents both investors and investee companies with an exciting proposition. For investors the fund offers access to fast growing, scalable media and entertainment opportunities. For investee companies, Edition provides capital to creative businesses that have often struggled to secure funding, along with hands-on operational and strategic support to assist them in the next growth phase of their development.

You can read more on our announcement here. If you'd like to learn more about the Edition opportunities, then please get in touch.

The Edition Team

Intelligent Partnership release the EIS industry report 2016/17

Intelligent Partnership have released their EIS industry report 2016/17 that identifies positive changes in the EIS sector that Edition Capital are well positioned to take advantage of:

  • Media and entertainment remains one of the most popular sectors to receive investment through the EIS scheme
  • Almost three in four advisers see their use of EIS increasing over the next two years
  • A growing number of advisers are prioritising EIS qualifying opportunities that focus on growth, in line with 'growth and development' rules

Due to the changes in EIS legislation in 2015, the report acknowledges that there are less EIS products available and coupled with restrictions to other tax efficient investments, it is likely that EIS demand will outstrip supply this year.

Should you wish to find out more about the First Edition EIS please click here.

If you would like to read the full report, please click here.

The Edition Team

Superstruct Entertainment name revealed

We can now reveal that the Providence-backed investment platform, headed by Creamfields Founder, James Barton, has been named Superstruct Entertainment. Superstruct Entertainment will continue to identify, acquire and manage a portfolio of exceptional festivals across the world following its acquisition of Sziget Cultural Management in January.

Paul Bedford of Edition and CFO of Superstruct Entertainment said, “we are extremely excited by the number of opportunities we have in the pipeline and look forward to announcing additional acquisitions in the near future”.

Edition announce partnership to acquire international music festivals

Edition are happy to announce that they have entered into a partnership with Providence Equity Partners, one of the world’s leading private equity firms, and James Barton, Founder of Cream and former President of Electronic Music for Live Nation, to identify, acquire and manage a portfolio of exceptional music festivals across the globe.

The first deal was announced on Friday 13th January as Sziget Cultural Management, a group encompassing the Sziget, Balaton Sound & Volt festivals in Hungary.

The Edition team are excited to work with Providence, James & the Sziget team to take the Sziget brands across the globe.

Read more about it here

The Edition Team

 

Read our musings on investing in live entertainment at Festival Insights

Lisa, one of the Edition partners, was recently asked to write a piece for Festival Insights on what we think are the key things investors are looking for in the live entertainment sector.

It’s a subject that we are very happy to opine on as there are many live entertainment businesses in the UK who could greatly benefit from investment, but don't know where to begin to seek it and to make themselves 'investable.' We hope we’ve helped with our musings, and we're very happy to discuss more in person.

You can read the article here.

The Edition Team