Quercus International advises a major supplier to the travel, tourism and leisure industry on a private equity investment

A Quercus International team has advised the shareholders of Live Business Limited (“Live Business” or the “Company”) on an investment in the business by Literacy Capital plc (“Literacy Capital”), giving it a significant minority stake.

Since its establishment by Mark Dixon and Dan Lock, Live Business has evolved to become a leading international entertainment supplier to the travel, tourism and leisure industry. It is a prominent provider of turnkey entertainment solutions for global travel operators, specifically in holiday resorts or on cruise ships.

The business is recognised for its reputation for creating award-winning bespoke content, bringing together creative, production and digital capabilities. The capabilities of the business include everything from concept design, digital media content, to West-End style production shows and live entertainment activities.

Literacy Capital’s investment will support the plans of its founders to ambitiously grow the business under their leadership. The founders will continue in their current roles, ensuring that Live Business continues to focus on the quality of their service delivery and deliver high-quality entertainment solutions to its clients.