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Announced

Completed

Vivid Seats went public via a merger with Horizon Acquisition in a $2bn deal.

Financials

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Transaction Value£847m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Single Bidder

Domestic

ticket sales

online platform

e-commerce

E-commerce

United States

Friendly

Private

Majority

Merger

De-SPAC

Private Equity

Reverse Takeover

Completed

Synopsis

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Vivid Seats, an independently owned and operated online ticket marketplace, went public via a merger with Horizon Acquisition, a publicly-traded special purpose acquisition company, in a $2bn deal. The deal includes a $225m PIPE by Fidelity Management & Research Company and Eldridge Industries. “Today marks a major milestone for our company, our employees and our shareholders. Now as a public company, we remain focused on continuing to deliver exceptional value to our loyal customers and drive growth as we strive to be the leading online ticketing marketplace," Stan Chia, Vivid Seats CEO.

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