Features
Beyond Capital Partners Acquires Majority Stake In German EDM Promoter BigCityBeats
David Seeger – World Club Dome 2018
160,000 people came to Frankfurt’s Commerzbank Arena over three days
Beyond Capital Partners, through one of its investment funds, acquired a 51-percent stake in electronic music event promoter BigCityBeats, based in Frankfurt, Germany.
BigCityBeats was founded by Bernd Breiter in 2005. It is run as a family business. Since its inception, BigCityBeats has established itself as a leading producer and host of stadium based events for club music.
Its most famous brand is known under the trademark of “World Club Dome”. It latest edition, which took place in Frankfurt’s Commerzbank Arena, June 1-3, attracted 160,000 guests over three days, which marked a new record.
The brand expanded to Asia in 2017, premiering in Incheon, South Korea, Sept. 22-24.
Other brands owned and invented by BigCityBeats include “World Club Dome – Winter Edition,” “Zero Gravity” and “World Club Dome Cruise Edition”. The financial backing by Beyond Capital Partners will be used to further their international roll out.
Bernd Breiter, CEO and founder of BigCityBeats, commented: “Over the past 15 years, with gentle effort and our own resources, we built a globally established brand.”
He added he had been looking for a “a strong and like-minded partner on our side,” and indicated that Beyond Capital Partners ticked all the boxes.
Christoph D. Kauter, founder and managing partner of Beyond Capital Partners, said: “BigCityBeats and Family Breiter combine more than 20 years of successful expertise in the music and entertainment industry in Germany and stand as a testimonial with their brand ‘World Club Dome’ as being one of the most relevant and successful trademarks in the event and club music segment worldwide.
“The combination of their entire entrepreneurial commitment, a long-standing experience and the motivation to establish BigCityBeats on an even more global scale inspired and convinced us. All over the world, music events belong to the fastest growing segments in the lifestyle and entertainment sector and hence, offer a significant opportunity to enhance BigCityBeats´ already strong position over the coming years.”
Financials of the deal were not disclosed.