M&A Deal Summary

Vivid Seats Acquires Fanxchange

On April 11, 2019, Vivid Seats acquired media company Fanxchange for 85M CAD

Acquisition Highlights
  • This is Vivid Seats’ 1st transaction in the Media sector.
  • This is Vivid Seats’ largest (disclosed) transaction.
  • This is Vivid Seats’ 1st transaction in Canada.
  • This is Vivid Seats’ 1st transaction in Ontario.

M&A Deal Summary

Date 2019-04-11
Target Fanxchange
Sector Media
Buyer(s) Vivid Seats
Deal Type Add-on Acquisition
Deal Value 85M CAD

Target

Fanxchange

Toronto, Ontario, Canada
Fanxchange Ltd. is an online ticket marketplace; home to millions of tickets to sports, concert and theater events across North America. Fanxchange engages in powering white labeled live event ticketing solutions for major loyalty programs, financial institutions, travel providers, hotel operators, e-commerce marketplaces, and distribution partners; providing their users access to tickets for all their favorite live events.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Vivid Seats

Chicago, Illinois, United States

Category Company
Founded 2001
Sector Internet Software and Services
DESCRIPTION

Vivid Seats is an online ticket marketplace committed to becoming the ultimate partner for connecting fans to the live events, artists, and teams they love. Vivid Seats was founded in 2001 and is based in Chicago, Illinois.


DEAL STATS #
Overall 1 of 3
Sector (Media) 1 of 1
Type (Add-on Acquisition) 1 of 3
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-13 Betcha

New York, New York, United States

Betcha is a daily fantasy sports (DFS) app, features individual player performance props, with a simple-to-use interface complemented by social and gamification features. Betcha was formed in 2018 and is based in New York City.

Buy $25M