M&A Deal Summary

Paciolan Acquires TicketsWest.com

On August 16, 2017, Paciolan acquired internet software and services company TicketsWest.com from Red Lion Hotels

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

M&A Deal Summary

Date 2017-08-16
Target TicketsWest.com
Sector Internet Software and Services
Buyer(s) Paciolan
Sellers(s) Red Lion Hotels
Deal Type Divestiture

Target

TicketsWest.com

Spokane, Washington, United States
TicketsWest.com, Inc. is a full service ticketing distribution and marketing solutions provider that powers hundreds of live entertainment organizations across all genres including performing arts, arenas, college athletics and festivals. TicketsWest.com, Inc. was established in 1987 and is based in Spokane, Washington.

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Buyer(S) 1

Buyer

Paciolan

Irvine, California, United States

Category Company
Founded 1980
Sector Software
DESCRIPTION

Paciolan, Inc. engages in ticketing, fundraising, marketing, and analytics solutions with over 37 years of experience serving more than 500 live entertainment organizations. Paciolan enables the sale of more than 120 million tickets per year by powering over 120 college athletic programs, more than 100 professional sports and arenas organizations, 75 performing arts venues, and several regional ticketing partners who serve hundreds of venues.


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: Washington M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1

Seller(S) 1

SELLER

Red Lion Hotels

Denver, Colorado, United States

Category Company
Founded 1937
Sector Leisure
Revenue 114M USD (2019)
DESCRIPTION

Red Lion Hotels Corp. is a hospitality and leisure company primarily engaged in the franchising, management and ownership of hotels under brands that include Hotel RL, Red Lion Hotel, Red Lion Inn & Suites, GuestHouse and Settle Inn & Suites. Red Lion Hotel brands span the upscale, midscale and economy markets of the hotel industry. Red Lion Hotels was formed in 1937 and is based in Spokane, Washington.


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: Washington M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-23 GuestHouse International

Hendersonville, Tennessee, United States

GuestHouse International LLC is a provider of hotel and restaurants services.

Buy $9M