Announced
Completed
Financials
Tags
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
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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