Brown Rudnick Guides atVenu in $130M Sale of Equity Stake to Sixth Street

Brown Rudnick served as legal advisor to Atvenu, a global provider of live event software and payments solutions, in its sale of an equity stake to private equity firm Sixth Street Growth for $130 million.

atVenu announced the deal on Oct. 9, 2024, saying the partnership with Sixth Street will build upon and accelerate the company's historical growth into new live event markets, including sports and food and beverage, while maintaining its position as the industry standard in music merchandise. The deal closed on Oct. 4.

"We're thrilled to partner with Sixth Street for atVenu's next chapter," said Ben Brannen, co-founder and president of atVenu. "The opportunity to join forces with their team and deploy our combined resources to expand atVenu's reach is incredibly exciting."

Founded in 2012, atVenu provides a purpose-build live event platform to the world's largest touring artists, merchandisers, record labels, venue operators, festival promoters, and food & beverage concessionaires.

Partner David Haber led the Brown Rudnick team, which also included associates Chris Raymond and Tyler Horowitz.