Investment Summary

DTI Management Exits TEVO

On October 12, 2022, invested in internet software and services company TEVO from DTI Management

Investment Highlights
  • This is transaction in the Internet Software and Services sector.
  • This is transaction in the United States.
  • This is transaction in New York.
Investment Fate
  • TEVO was divested to a strategic buyer in 2022.

Investment Summary

Date 2022-10-12
Target TEVO
Sector Internet Software and Services
Sellers(s) DTI Management
Deal Type Divestiture

Target

TEVO

New York, New York, United States
TEVO is an open ticket distribution platform. Ticket Evolution's online B2B exchange is a hub for professional ticket resellers to buy and resell sports, concert, and theater tickets. TEVO was founded in 2010 is based in New York City.

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Seller(S) 1

SELLER

DTI Management

Alexandria, Virginia, United States

Category Company
Founded 2012
Sector Internet Software and Services
DESCRIPTION

DTI Management is a supplier of live event ticket inventory to major online marketplaces through its unique inventory management platform. DTI streamlines live event ticket distribution, and provides a more controlled secondary ticket selling environment for sports teams, event producers, music artists, venues, and ticket brokers. DTI's current partners include the Cleveland Cavaliers, New Jersey Devils, and Phoenix Suns. DTI also supplies ticket inventory to various partners, including StubHub, SeatGeek, Vivid Seats, and Ticketmaster. DTI Management was founded in 2012 and is based in Alexandria, Virginia.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-04 TEVO

New York, New York, United States

TEVO is an open ticket distribution platform. Ticket Evolution's online B2B exchange is a hub for professional ticket resellers to buy and resell sports, concert, and theater tickets. TEVO was founded in 2010 is based in New York City.

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