M&A Deal Summary

Logitix Acquires The Ticket Group

On August 29, 2019, Logitix acquired internet software and services company The Ticket Group

Acquisition Highlights
  • This is Logitix’s 1st transaction in the Internet Software and Services sector.
  • This is Logitix’s 1st transaction in the United States.
  • This is Logitix’s 1st transaction in California.

M&A Deal Summary

Date 2019-08-29
Target The Ticket Group
Sector Internet Software and Services
Buyer(s) Logitix
Deal Type Add-on Acquisition

Target

The Ticket Group

Orange, California, United States
The Ticket Group is a yield management and distribution platform focused on the live entertainment ticketing industry. The Ticket Group is based in Orange, California.

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Buyer(S) 1

Buyer

Logitix

Boca Raton, Florida, United States

Category Company
Founded 2010
Sector Media
DESCRIPTION

Logitix provides ticket pricing, yield optimization, and analytics services for professional sports teams and other live events rights holders. The Company leverages a proprietary ticket management system, Monarch, to manage secondary ticket inventory in real-time. It manages regular season and playoff ticket inventory for professional sports franchises, and premier collegiate events, as well as a growing amount of inventory from concerts and other live events. Logitix was founded in 2010 and is based in Boca Raton, Florida.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1