M&A Deal Summary

Ticketmaster Entertainment Acquires TicketsNow

On February 27, 2008, Ticketmaster Entertainment acquired consumer services company TicketsNow from Adams Street Partners for 265M USD

Acquisition Highlights
  • This is Ticketmaster Entertainment’s 2nd transaction in the Consumer Services sector.
  • This is Ticketmaster Entertainment’s largest (disclosed) transaction.
  • This is Ticketmaster Entertainment’s 2nd transaction in the United States.
  • This is Ticketmaster Entertainment’s 1st transaction in Illinois.

M&A Deal Summary
Date 2008-02-27
Target TicketsNow
Sector Consumer Services
Buyer(s) Ticketmaster Entertainment
Sellers(s) Adams Street Partners
Deal Type Add-on Acquisition
Deal Value 265M USD

Target

TicketsNow

Rolling Meadows, Illinois, United States
website
TicketsNow, Inc. is a secondary reseller of tickets.

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Buyer(S) 1

Buyer

Ticketmaster Entertainment

Beverly Hills, California, United States

website

Category Company
Founded 1976
Sector Consumer Services
DESCRIPTION

Ticketmaster Entertainment, LLC is an event ticketing, live entertainment, and eCommerce company in the United States, Canada, and internationally.

DEAL STATS #
Overall 4 of 13
Sector (Consumer Services) 2 of 2
Type (Add-on Acquisition) 4 of 13
State (Illinois) 1 of 1
Country (United States) 2 of 8
Year (2008) 3 of 3
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-29 GET ME IN!

London, United Kingdom

GET ME IN! is an independent web-based marketplace for music, sport, theatre and other live entertainment event tickets in Europe.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-05 International Automated Transaction Service

Vancouver, British Columbia, Canada

IATS currently provides payment processing solutions to more than 9,000 nonprofit organizations in the United States, Canada, United Kingdom, Europe, Australia, Hong Kong and New Zealand and is designed to help nonprofit organizations save time and money on fundraising with its cost-effective solutions.

Sell -

Seller(S) 1

SELLER

Adams Street Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

website

Category Asset Manager
Founded 1972
PE ASSETS 26.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Adams Street Partners is a diversified, global investment firm that targets direct, fund of funds, and secondary investments. Adams' direct investing group covers co-investments in buyout transactions, as well as growth equity and venture capital commitments. The direct buyout and growth equity team looks to commit $5 to $30 million per transaction. For venture related investments, commitments of $5 to $20 million are provided to companies in the technology, life sciences and technology enabled services sectors. Typically, target companies have received prior financing from early stage venture firms and are seeking additional capital to fund product development and commercialization. Adams Street Partners was formed in 1972 and is based in Chicago, Illinois.

DEAL STATS #
Overall 18 of 95
Sector (Consumer Services) 1 of 1
Type (Add-on Acquisition) 7 of 51
State (Illinois) 2 of 7
Country (United States) 17 of 87
Year (2008) 1 of 4
Size (of disclosed) 10 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-23 BrightRoll

San Francisco, California, United States

BrightRoll, Inc. is a programmatic video advertising platform for reaching audiences across desktop, mobile and connected devices.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-03-18 Luminous Medical

Carlsbad, California, United States

Luminous Medical provides glucose management systems that empower health care professionals to dramatically improve the outcomes of critically ill patients.

Buy -
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