Peter Schwenkow, founder of German live entertainment company DEAG, is launching a new venture with Swiss private equity firm Ufenau Capital Partners to build a European live and family entertainment group. The plan calls for up to €100 million in equity to fund acquisitions across the sector.
Ufenau will back the initiative as lead investor and majority shareholder. The firm says it is already evaluating potential targets as it looks to consolidate live and family entertainment businesses in Europe.
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