Announced
Financials
Tags
Domestic
Minority
online platform
ticket distribution
Single Bidder
Online and Social Platforms
United States
Acquisition
Private Equity
Friendly
Pending
Private
Synopsis
Clearlake Capital-backed VictoryLive, an event management and ticketing technology platform, agreed to acquire Ticket Evolution, an open ticket distribution platform. Financial terms were not disclosed. "Sam's relationships with rightsholders and resellers combined with Clearlake's access to capital and sector expertise provide levers to drive accelerated growth at Ticket Evolution. We believe in the Company and our strategy, and we are excited to bring onboard partners who back that strategy. We are looking forward to investing in product development at the combined platform given the complementary nature of our technology and industry relationships," Curtis Cheng, Ticket Evolution CEO.
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