Breaking: LN-Gaiety buys Mama & Company

LN-Gaiety Holdings, a joint venture between Live Nation Entertainment Inc and Gaiety Investments, has acquired Mama & Company.

Mama, the UK operator of nine venues including The Forum Kentish Town and The Ritz Manchester is also promoter of festivals including the recent Love Box and Citadel in London’s Victoria Park.

“We are delighted to be welcoming new venues, and some that we have previously managed into the group,” said Paul Latham, LN-Gaiety Holdings’ chief operating officer, UK & Ireland. “Likewise, Mama have made great strides with their festivals and the creativity they have demonstrated will be complimentary to LN-Gaiety’s existing portfolio.”