KKR-backed Australian Venue Co nabs eight Melbourne hotels for $100m - The Australian Financial Review

Australian Venue Company has acquired eight hotels from Sand Hill Road Group including The Espy in St Kilda and the Garden State Hotel in the CBD.

Amid a huge influx of capital into the booming pub sector, Mr Waterson said AVC, which is backed by Wall Street private equity giant Kohlberg Kravis Roberts (KKR), was now a good-sized business that … [+1836 chars]

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