Sports hospitality specialist, Vision4Sport Events (V4SE), has secured a £300,000 debt funding solution from Maven through MEIF II - Debt Finance East and South East Midlands.
Founded in 2014 by former professional golfers Chris Newbold and Karl Wesson, V4SE has grown from a side venture into a respected player in the sports hospitality industry. The company provides elite event packages for private clients, including Wimbledon, Formula One, the Ryder Cup, and exclusive golf tours. With demand steadily increasing, V4SE has achieved a strong post-pandemic recovery, reaching a projected turnover of over £3 million in 2024.
The £300,000 new investment will provide additional working capital that will help drive V4SE’s strategic growth across key areas, including an expanded presence at global events such as the Abu Dhabi Grand Prix, Las Vegas Grand Prix, and The Players Championship at Sawgrass. To support this growth, V4SE will create new local roles in sales, business development, and finance.
“Like many businesses, the pandemic had a huge impact on us and our ability to operate. The investment from the Midlands Engine Investment Fund II and the support Maven has shown will allow us to grow the business to new heights with some exciting projects and events being added to the portfolio.
“In the short time since completion, we have already added to our workforce and look forward to further recruitment over the coming months and years. Investment has often felt like a daunting prospect in the past but the clear dialogue with the Maven team throughout the process along with their clear support for what we do, has been extremely helpful and encouraging.”Chris Newbold, Director at Vision4Sport
"We are pleased to support Vision4Sport as they enter this exciting new chapter. Their resilience and dedication to exceptional service, even through recent challenges, are a testament to their strength in the sports hospitality sector. Our investment will provide V4SE with the capital, expertise, and strategic insight to continue building on a solid foundation, realising ambitious growth plans, and seizing new opportunities in the market.”
Jonathan Lowe, Partner - Regional Debt Funds at Maven
"The Midlands Engine Investment Fund II was launched to help ambitious entrepreneurs and small businesses to scale up and grow. This investment in Vision4Sport further highlights the importance of having access to the right type of finance at the right time. It will enable the business to expand, create new jobs, and make a positive impact in the region."
Jody Tableporter, Director at British Business Bank
Through MEIF II - Debt Finance East and South East Midlands, Maven can provide flexible finance options to address a variety of business needs, including enhancing working capital, purchasing new machinery, capital expenditure, export finance, product development, and team expansion. The Fund has supported a number of businesses across the region to date, including Advance Tapes, a specialist adhesive tapes manufacturer, and DUKE Distribution, a logistics and trackway installation provider.
The £400 million Midlands Engine Investment Fund II was launched in February 2024 and covers the entire Midlands region, providing debt finance from £25,000 to £2 million and equity investment up to £5 million to help a range of small and medium sized businesses to start up, scale up or stay ahead.
As Fund Manager of MEIF II - Debt Finance East and South East Midlands, Maven can provide business loans from £100,000 to £2 million to support both earlier and later stage businesses with real growth potential across a range of sectors. If your business, or the business you advise, is looking at debt finance as a solution to fund future growth please click here.