Superstruct acquires trio of European festivals
The Providence Equity-backed live behemoth has now amassed nearly 90 festivals across Europe and Australia
News By Lisa Henderson | 5 June 2023
Superstruct has bought majority stakes in London-based festivals Mighty Hoopla and Cross the Tracks, as well as Austria’s Snowbombing. IQ understands the controlling stakes were bought from various companies owned by Gareth Cooper (founder and former CEO of Broadwick Live).
Financial details have not been disclosed.
The deal marks the second time the two companies have done business together, after divvying up Global’s festival portfolio in April 2019. Snowbombing and Mighty Hoopla were among the festivals that remained…