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Announced

Festicket acquires Event Genius and Ticket Arena.

Financials

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Transaction Value-
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Capital Bid For100%
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Share Price Premium-
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Tags

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Digital Services

ticketing

United Kingdom

Friendly

online event ticketing

Acquisition

Single Bidder

POS platform

Private

Synopsis

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Festicket, a leading platform for music festival experiences, acquires Event Genius, a leader in online event ticketing, and Ticket Arena, the leading online ticketing system. Financial terms were not disclosed. The new offering, known as Event Genius by Festicket, will create an end-to-end platform for organisers and fans alike, providing the most complete offering in the live entertainment industry. The acquisition will help deliver on Festicket’s mission to become the world's largest two-sided platform for live events. “The acquisition transforms Festicket’s product set. In Event Genius, we have found a company that shares our mission to be a disruptive force in the live entertainment market. Reshad and the team have built a great product they have good reason to be proud of, and I look forward to welcoming them to the Festicket family.” Zack Sabban, Festicket CEO.

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