Christopher BarrettEvent production specialists We Group has acquired a 10% stake in event budgeting platform Eventwise.
Since its launch in September, Eventwise has worked to aid financial management for clients including Noisily Festival, Brighton On The Beach, Brighton & Hove Pride, Gottwood and Houghton.
We Group UK, which also has stakes in marketing agency advisory Capital A and Bristol’s independent arts centre Lost Horizons, consists of event production agencies The Fair and We Are Placemaking; and We Are OPS, which provides operations, health & safety and licensing services.
We Group CEO Nick Morgan (pictured) said, “Like us, the Eventwise team really care about making the industry a better place, and their robust solutions align perfectly with our ongoing mission to support the independent sector – particularly in this difficult climate.
“We’re really excited to announce this new investment, and look forward to seeing event organisers benefit from this streamlined approach to finance.”
Eventwise founder Chris Carter said, “We Group are true leaders in the industry, and this partnership represents a significant step forward for Eventwise in our mission to transform event financial management.
“Together, we’re set to redefine how event organisers manage their finances, bringing greater efficiency, transparency, and support during these challenging times.
“We are thrilled to join forces with We Group to drive meaningful change for the better.”