Zeus Capital Advises Live&Loud on equity placing
22nd May 2015
Zeus Capital acted as sole arranger for Live&Loud in their recent placing of c.13.4% of new equity. The shares were placed with investors introduced by Zeus.
Live&Loud is a unique subscription based B2B entertainment booking platform match-making artists with venues.
Covering all music genres from emerging artists to covers bands and DJs; Live&Loud has created a new online marketplace for gigs which:
- increases the opportunity for new venues to host gigs
- has the potential to cannibalise the existing offline marketplace
- has lowered the transaction cost for connecting artists with venues
Music Week said ‘Live&Loud has anticipated the governments licensing act and will unlock a new explosion in grass-roots live music’.
We are delighted to have acted for Live&Loud in their recent placing of new equity which will be used to help take the business forward to the next stage. This is a truly disruptive business taking the old format of booking live music in small venues to a new platform. We are very excited about their prospects and pleased to be associated with such an innovative Company.
Adam Pollock, Head of Corporate Broking at Zeus Capital
We are delighted to have successfully raised these funds and it has been a very enjoyable experience working with the team at Zeus Capital.
This is a very exciting time for Live&Loud and being within an industry that is hungry for change we are delivering a disruptive proposition which reflects our music business insights combined with digital innovation.
Mick Newton, Co-founder and CEO at Live & Loud