Pinnacle Financial Partners is branching out.
On Wednesday, Nashville's $23 billion lender announced a minority equity stake in Artist Growth, a Nashville-based music startup. Artist Growth helps entertainment professionals, from musicians to promoters, manage tours within the company's platform.
A Pinnacle spokesman declined to disclose the value of the bank's stake in Artist Growth.
“The industry has changed, and [Artist Growth founder Matt Urmy] is way ahead of the curve with Artist Growth,”…