Vision4Sport Events has secured a £300,000 debt funding from Maven to support its growth in the sports hospitality industry, aiming to enhance its presence at global sporting events.
Target Information
Vision4Sport Events (V4SE), a sports hospitality specialist founded in 2014 by former professional golfers Chris Newbold and Karl Wesson, has established itself as a prominent player in the industry. Initially a side venture, V4SE has evolved to offer elite event packages for prestigious sporting events such as Wimbledon, Formula One, the Ryder Cup, and exclusive golf tours. The company has successfully navigated the challenges posed by the pandemic, achieving a projected turnover of over £3 million in 2024.
The recent £300,000 debt funding secured from Maven through the Midlands Engine Investment Fund II (MEIF II) will bolster V4SE's working capital, facilitating its strategic growth plans. This investment aims to enhance V4SE’s presence at key global events, including the Abu Dhabi Grand Prix and The Players Championship at Sawgrass, while also allowing for the creation of new local roles in sales, business development, and finance.
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Industry Overview
The sports hospitality industry in the United Kingdom has demonstrated resilience, particularly as demand rebounds following the pandemic. With events gradually returning to full capacity, there is a
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Maven
invested in
Vision4Sport Events
in 2024
in a Venture Debt deal
Disclosed details
Transaction Size: $0M
Revenue: $4M