KKR to acquire Superstruct Entertainment from Providence Equity Partners for €1.3bn.

KKR to acquire Superstruct Entertainment, a live entertainment group owning and operating over 80 music festivals, from Providence Equity Partners, a private equity firm, for €1.3bn. "We are delighted to partner with Roderik Schlösser, James Barton and the team at Superstruct who have established themselves as a leader in delivering unparalleled live music experiences globally. With a robust foundation as a top-tier live entertainment platform, we see significant growth opportunities ahead for Superstruct. Drawing on our strong partnership approach and experience in the digital entertainment and ticketing space, such as BMG, ProSiebenSat1, GetYourGuide, and Trainline, as well as KKR’s global resources and extensive network, we will support the company and its entrepreneurial team to bring their compelling portfolio of live event formats to a wider audience and drive further growth," Philipp Freise, KKR Partner and Co-Head of European Private Equity.