The events venue developer and operator that runs destinations such as Printworks in Docklands, Magazine London in Greenwich, Troxy London in Stepney, and Battersea Power Stations’s Control Room A has secured investment of more than £20 million for further expansion.
Broadwick Group has a portfolio of 24 venues, mainly in London, but also including the new Brooklyn Storehouse in New York.
The funding from Lloyds, brokered by the debt advisor Alvarez & Marshall, follows the acquisition of hospitality operator Camm & Hooper, the owner of London venues including Banking Hall in the City, and Exhibition White City in Shepherds Bush.
Broadwick became the new operator of the former east London cinema and bingo hall Troxy, which has a capacity of more than 3,000, earlier this year.
It teamed up with the venue’s landlords Ashburn Estates to fund a £1.5 million refurbishment.
Broadwick employs more than 200 people full time, including 35 from Camm & Hooper’s existing staff. Its venues host events ranging from brand launches, film productions, and high-end corporate experiences.
CEO Simon Tracey said: “Broadwick was founded to connect people through remarkable spaces – from global music events to major brand launches and creative gatherings. As our portfolio continues to expand across the UK and US, we’re focused on building the next generation of hybrid destinations: places that inspire, perform, and endure.”
“The support from Lloyds gives us the ability to invest in growth, talent, and infrastructure – ensuring our spaces continue to deliver long-term value for partners, audiences, and cities.”
Declan Mulcahy, Relationship Director at Lloyds Bank, said: “Broadwick’s vision for how culture, hospitality, and real estate can work together is redefining the live-experience sector. It’s a privilege to support a business that continues to set new standards for creativity, regeneration, and economic impact – both in London and internationally.”
Steven Knight, director of growth & structured finance at Lloyds Bank, said: “Broadwick exemplifies the type of forward-thinking, high-growth company that our growth & structured Finance team is built to support. This bespoke funding package enables the business to accelerate its strategy, unlock new opportunities, and continue shaping the future of global cultural infrastructure.”
