AVC

AVC LOOK TO RAISE $350m IN IPO

Posted on May 5th, 2021 by Clyde Mooney
Australian Venue Co. has taken the next steps toward its public float, with fund managers this week informing investors the process will look to raise $352 million, while New York financial giants KKR retain their share.  American heavyweight KKR secured

AVC ROLLING OUT THE ASX ROADSHOW

Posted on April 28th, 2021 by Clyde Mooney
After years of rumours and a pandemic delay, Australian Venue Co has finally kicked off its run at the ASX. Australian Venue Co (AVC) has 175 venues across Australia and New Zealand, having aggressively accumulated leasehold sites since 2014. Majority-owned

AVC PICKS UP A BIMBO

Posted on April 9th, 2021 by Clyde Mooney
Australian Venue Co has continued its rebound strategy, taking Fitzroy institution Bimbo from Colonial Leisure. The ‘Bimbo’ of Melbourne has been serving its famous low-cost pizzas and providing late-night entertainment courtesy of its 3am licence to an eclectic mix of

AVC REVIVING DORMANT SARAH SANDS

Posted on March 12th, 2021 by Clyde Mooney
Australian Venue Co is breathing new life into the darkened landmark Brunswick pub, the Sarah Sands Hotel, slated to re-open in May. Built 1854, the Sarah Sands Hotel is an institution of Melbourne. In recent years it traded as the

AVC UNLEASHES CHEQUEBOOK IN MAJOR CAPEX STRATEGY

Posted on February 22nd, 2021 by Clyde Mooney
Australian Venue Co has revealed plans to spend north of $50 million revitalising and expanding two-dozen pubs across the Sunshine State, in a major show of faith in the market. AVC already holds 86 pubs in Queensland and sees opportunity

VICTORIA SNAPS SHUT AGAIN

Posted on February 12th, 2021 by Clyde Mooney
Announcement came today Victoria will go into lockdown again for five days, from midnight tonight, in a designated “short, sharp circuit-breaker” to stem the spread of the highly infectious UK strain of coronavirus. Striving to prevent spread into the community

HAWTHORN HOTEL BACK UNDER NEW AVC DEAL

Posted on February 8th, 2021 by Clyde Mooney
Institutional university pub the Hawthorn Hotel will live again in 2021, courtesy of an “innovative partnership” between Australian Venue Co. and Swinburne University of Technology. The 152-year-old pub was built 1868, on a corner of Burwood Rd in the Melbourne

ACTIVE AVC FLAGS FURTHER EXPANSION AND ENTICEMENTS

Posted on January 29th, 2021 by Clyde Mooney
Australian Venue Co. continues to pursue post-pandemic opportunities, taking a new venue in regional Victoria and fronting more specials to get patrons back into their pubs. Today AVC announced its purchase of the leasehold interest in the Criterion Hotel in

AVC REPORTS STRONG RETURN TO TRADE AMID HALF-PRICE PROMO

Posted on January 25th, 2021 by Clyde Mooney
Australian Venue Co has been putting its best half-foot forward, offering everything at half-price at its Sydney pubs during January as it strives for recovery. Eight Sydney bars are fronting a fresh start for ‘21 with ‘Sydney’s Happiest Hour’ offering

STAFF CRISIS PROMPTS $1K SIGNING BONUS FROM AVC

Posted on December 16th, 2020 by Clyde Mooney
The challenge to fill staff positions has hit top gear with Australian Venue Co offering sign-on bonuses of up to $1,000 in a bid to secure workers to operate the group’s 150 pubs around Australia. The second wave of the