Mama Group Plc has entered into a conditional agreement to buy the business assets of London's Kentish Town Forum.
Mama has offered a basic purchase consideration of £1m to the venue's current owner, Mean Fiddler Holdings Ltd.
The purchase consideration will be formally decided based on completion accounts.
Mama co-chief executive officer Adam Driscoll says, "The Forum has a long historical association with live music, which is at the heart of out business.
"We are delighted to be adding such ...
Register for a Music Week trial to access this article.
Sign up for your free trial to Music Week, the no 1 weekly trade magazine for anyone who needs to understand the business of music. For four whole weeks we will provide you with great, in-depth journalism that gets right inside the business of music in print and 24/7 online. With both the print and digital edition you will be able to enjoy the whole Premium experience of a subscription to Music Week - absolutely free.Start your free trial