M&A Deal Summary

IAC Acquires Ticketmaster Entertainment

On January 1, 1996, IAC acquired consumer services company Ticketmaster Entertainment from Geolo Capital

Acquisition Highlights
  • This is IAC’s 1st transaction in the Consumer Services sector.
  • This is IAC’s 1st transaction in the United States.
  • This is IAC’s 1st transaction in California.
Investment Fate
  • Ticketmaster Entertainment was sold to a consortium of strategic buyers in 2009.

M&A Deal Summary

Date 1996-01-01
Target Ticketmaster Entertainment
Sector Consumer Services
Buyer(s) IAC
Sellers(s) Geolo Capital
Deal Type Add-on Acquisition

Target

Ticketmaster Entertainment

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

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Buyer(S) 1

Buyer

IAC

New York, New York, United States

Category Company
Sector Digital Media
Employees8,300
Revenue 3.8B USD (2024)
DESCRIPTION

IAC is a media and Internet company focused in the core areas of search, applications, online dating, local and media. IAC's network of sites have over a billion total monthly visits in more than 100 countries. The company is headquartered in the Chelsea neighborhood of New York City with business operations and satellite offices around the world. IAC is based in New York, New York.


DEAL STATS #
Overall 1 of 23
Sector: Consumer Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 18
State: California M&A 1 of 6
Country: United States M&A 1 of 21
Year: 1996 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-07-16 Expedia

Seattle, Washington, United States

Expedia is an online travel company that provides business and leisure travelers with technology, tools and information to research, plan, book and experience travel. Expedia was founded in 1996 and is based in Seattle, Washington.

Buy -

Seller(S) 1

SELLER

Geolo Capital

San Francisco, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Real Estate
Founded 2005
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Geolo Capital is the private equity investment arm of The John A. Pritzker family. Geolo specializes in growth capital and buyout investments in middle market companies throughout the US. Areas of interests include hospitality, entertainment, health/wellness, and consumer products/services. Geolo Capital is based in San Francisco.


DEAL STATS #
Overall 1 of 9
Sector: Consumer Services M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 4
State: California M&A 1 of 4
Country: United States M&A 1 of 9
Year: 1996 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-07-05 Mandara

Coral Gables, Florida, United States

Mandara has a presence in a number of leading international cruise lines, and has over 60 locations worldwide including: Aruba, the Bahamas, Fiji, French Polynesia, Indonesia, Malaysia, the Maldives, Micronesia, Tahiti, Thailand, China, the United States (Honolulu, Las Vegas, Maui). Mandara Spa operates in Hilton, Marriott, Sheraton, Westin, Park Place Entertainment, Kerzner International, Nikko, Accor, Club Med, Imperial Hotels, Outrigger, GHM, Pacific Islands Club, Prince Hotels and Taj Hotels & Resorts.

Sell -