Divestiture • Internet Software and Services

Victory Live Acquires TEVO

On October 19, 2022, Victory Live acquired internet software and services company TEVO

Acquisition Context

This is Victory Live’s 1st transaction in the Internet Software and Services sector.
This is Victory Live’s 1st transaction in the United States.
This is Victory Live’s 1st transaction in New York.

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M&A Deal Summary
Date	October 19, 2022
Target	TEVO
Sector	Internet Software and Services
Buyer(s)	Victory Live
Deal Type	Divestiture
Advisor(s)	Nutter McClennen & Fish (Legal)

Target Company

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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Buyer Overview 1

Buyer

Victory Live

Atlanta, Georgia, United States

Category	Company
Sector	Media

DESCRIPTION

Victory Live is an operator of an event management and ticketing technology platform. Victory Live is based in Atlanta, Georgia.

Deal Context for Buyer	#
Overall	1 of 2
Sector: Internet Software and Services	1 of 1
Type: Divestiture	1 of 1
State: New York	1 of 1
Country: United States	1 of 2
Year: 2022	1 of 1

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2024-10-09	Logitix Boca Raton, Florida, United States 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.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2024-10-09

Logitix

Boca Raton, Florida, United States

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.

Buy

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