Announced
Financials
Tags
Software
Private
Friendly
Private Equity
venue management
Domestic
software provider
Pending
Acquisition
Merger
Majority
United States
Synopsis
Ungerboeck, an event management software provider, agreed to merge with EventBooking, an venue management software provider, in a deal backed by Cove Hill Partners, a private equity firm. Financial terms were not disclosed. "This is the best way to come out the pandemic as the industry expects technology-driven efficiencies and new attendee experiences. We could not have found a better growth equity firm than Cove Hill Partners as they share our values and mission. Adding EventBooking to this group is the perfect trifecta to accelerate us into the future as the world's event software," Manish Chandak, Ungerboeck President and CEO.
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