Hogan Lovells advises CVC as it joins KKR in the acquisition of Superstruct
London, 28 October 2024 – Hogan Lovells has advised CVC, which has invested alongside KKR to support Superstruct Entertainment (“Superstruct”) in its next phase of development as one of the world’s premier live entertainment groups.
Superstruct owns and operates over 80 music festivals across 10 countries in Europe and Australia. Since its inception in 2017, Superstruct has grown into one of the leading operators in the world of live entertainment. Superstruct owns some of Europe’s most renowned events such as Wacken Open Air, Defqon.1, Parookaville, Tinderbox, Zwarte Cross and Sónar.
In June 2024, KKR announced the signing of its acquisition of Superstruct and 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 Hogan Lovells team that represented CVC was led by Private Equity and M&A partners and co-relationship partners John Connell (London), John Livesey (London) and Wouter Jongen (London/Amsterdam).
Additional support was provided by private equity and M&A lawyers Taylor Harris (senior associate), Francesca Parker (senior associate), Cees Brouwer (counsel), Guy Ker (senior associate), Olivia Wallwork (associate), Aun Hussain (associate), Zuzanna Krzyzos (associate), Ryan Masterson (associate) and Alex Miller (associate), and trainee solicitors Emily Louise, Makar Rozhkov, Coco Brown, Hanwei Low and Bethany Bridges. The deal involved legal advice in 13 jurisdictions and utilized cross-practice teams across the full range of the Hogan Lovells network.
Commenting on the deal, partners John Connell, Wouter Jongen and John Livesey said: “We are thrilled to support the CVC team on this investment. The transaction represents a significant deal in the European private equity market and in the live events space. Hogan Lovells is the perfect platform for multi-jurisdictional, cross-border private equity buy-outs, and this is another high-profile deal showcasing the strength of our top-tier Sports, Media and Entertainment Industry Sector Group.”