M&A Deal Summary

Festicket Acquires Ticket Arena

On August 28, 2019, Festicket acquired internet software and services company Ticket Arena

Acquisition Highlights
  • This is Festicket’s 2nd transaction in the Internet Software and Services sector.
  • This is Festicket’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2019-08-28
Target Ticket Arena
Sector Internet Software and Services
Buyer(s) Festicket
Deal Type Add-on Acquisition

Target

Ticket Arena

Leeds, United Kingdom
Ticket Arena Ltd. provides consumers and promoters with a better way to buy and sell tickets online. Ticket Arena developed the Event Genius platform to allow event organizers to streamline and simplify their ticketing and event management needs, first specializing in clubbing before expanding into live music, festivals, food & drink, comedy, sports, exhibitions and trade shows.

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Buyer(S) 1

Buyer

Festicket

London, United Kingdom

Category Company
Founded 2013
Sector Internet Software and Services
DESCRIPTION

Festicket is the world’s largest portal for music festival experiences. Festicket empowers music fans with a seamless service to discover and book tickets and travel packages for over 1200 music festivals worldwide. The two-sided marketplace uses a network of over 4000 accommodation and travel suppliers to create end-to-end experiences. Festicket was founded in 2013 and is based in London, United Kingdom.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United Kingdom M&A 2 of 2
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-28 Event Genius

Leeds, United Kingdom

Event Genius Ltd. is an end-to-end platform for organizers and fans alike, providing the most complete offering in the live entertainment industry. The platform will bring together technology and expertise including ticketing, accommodation, travel & packages, marketing, data insights & analytics, access control, POS and cashless payment services, fan engagement tools.

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