Financials undisclosed.

U.K. concerts venue owner and operator Academy Music Group (AMG) has purchased the Oxford-based 750-capacity live music and club venue The Zodiac for an undisclosed sum.

The purchase, from previous owners Nick Moorbath and Adrian Hicks, gives AMG a total number of 11 U.K. venues.

They include the Carling Academy-branded venues in the London regions of Brixton and Islington, and other major cities such as Birmingham, Bristol, Glasgow, Liverpool and Newcastle.

Carl Bathgate, GM at Carling Academy Birmingham, is The Zodiac's new GM.

"I know just how important venues such as The Zodiac are to both local and national live music circuit and we plan to work closely with promoters and agents to continue to build upon The Zodiac's reputation," said John Northcote, AMG's CEO.