A Quercus International team, led by Michael Mortimor and Andrew Clegg, has advised the shareholders of Live Business Limited (“Live Business” or the “Company”) on an investment in the business by Literacy Capital plc (“Literacy Capital”), giving it a significant minority stake.

Since its establishment by Mark Dixon and Dan Lock, Live Business has evolved to become a leading international entertainment supplier to the travel, tourism and leisure industry. It is a prominent provider of turnkey entertainment solutions for global travel operators, specifically in holiday resorts or on cruise ships.

The business is recognised for its reputation for creating award-winning bespoke content, bringing together creative, production and digital capabilities. The capabilities of the business include everything from concept design, digital media content, to West-End style production shows and live entertainment activities.

Literacy Capital’s investment will support the plans of its founders to ambitiously grow the business under their leadership. The founders will continue in their current roles, ensuring that Live Business continues to focus on the quality of their service delivery and deliver high-quality entertainment solutions to its clients.

Mile Mortimor, Partner, commented: “We are delighted to have been able to support Mark and Dan on this transformational investment partnership that will facilitate the delivery of the Company’s ambitious growth plans. Under Mark and Dan’s leadership, Live Business has evolved to become a ‘ best in class supplier‘ differentiated by its utilisation of technology and content innovation, as well as its consistent high-service delivery and continuous effort to further improve its service levels. We are delighted to see Literacy Capital as a partner to Mark and Dan, as they drive the business forward.”

Mark Dixon and Dan Lock, the founders of Live Business, commented: "Working with Mike and the Quercus team has been an amazing and exciting journey from beginning to end. Their attention to detail, knowledge, experience, and skill in handling all matters relating to corporate finance, has made the process an enjoyable and informative experience. Mike’s walked us through every stage of this adventure ensuring complete transparency, reliability, and integrity along the way. He’s navigated our path through tricky situations with class and respect, whilst maintaining a firm grip on achieving our personal goals as business owners. We are delighted to now call Mike a friend and look forward to our next adventure together.”