Venu Holding Corporation announced on July 17, 2025, that it has retained TCBI Securities, Inc., doing business as Texas Capital Securities, as its exclusive financial advisor. The engagement is for potential private capital debt opportunities with expected total commitments of approximately $200 million.
Texas Capital Securities is tasked with advising VENU on the creation of debt financing facilities. This initiative aims to unlock liquidity, which will further accelerate the construction of the company's amphitheaters in McKinney, Texas, El Paso, Texas, and Broken Arrow, Oklahoma.
J.W. Roth, VENU’s Founder, Chairman & CEO, highlighted the company's significant backlog of Luxe FireSuite receivables, with over $75 million sold in 2024 and an expected $200 million in 2025. This debt financing is crucial for capitalizing on the strong demand and advancing VENU's strategic roadmap for venue development.
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