Australian firm to invest $30m+ in regional venues

Australian Venue Co wants to make its 200+ pubs, bars and event spaces "gig-ready" in order to boost live music outside of cities

News By Lisa Henderson | 5 August 2024

Australian Venue Co (AVC) has announced plans to invest more than AUD$30 million (€17.5m) across its portfolio of venues in a bid to bring more live music to regional towns in Australia.

It comes after the firm, which owns and operates over 200 pubs, bars and event spaces across the country, was bought for around $1.4 billion by private equity firm PAG Asia Capital in August last year.

Now, AVC plans to grow its investment in these venues to “mid-$30 million” (up…

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