Tenzing Private Equity invests in Ticketer.

Ticketer, the UK’s leading provider of bus ticketing technology, announced that Tenzing, the UK-based independent private equity firm, has invested in Ticketer. Tenzing specialises in investments in high growth SMEs across the UK and Ireland, supporting high performance management teams with which it has a shared vision. Ticketer has achieved revenue growth of over 50% year-on-year over the last three years, and the backing from Tenzing will enable the company to accelerate its new product development plan and ensure that it stays ahead of rapidly changing customer trends and demands. Tenzing has bought into the management team’s business plan and vision for the future and is committed to supporting the team in achieving those goals.