Piletilevi Group has acquired a majority stake in the Polish ticket sales platforms Kicket.com and Biletomat.pl, making it the second largest ticketing company in Poland and the largest in Central Europe.
Information on the Target
Piletilevi Group, a notable player in the ticketing industry, has acquired a majority stake in two prominent Polish ticket sales platforms: Kicket.com and Biletomat.pl. This strategic transaction elevates Piletilevi Group to the position of the second-largest ticketing company in Poland and the largest in Central Europe, managing ticket sales worth nearly 320 million euros annually.
With this acquisition, Piletilevi Group has secured a 77-percent stake in the acquired platforms, with an ambition to increase its ownership to 83.8 percent by 2026. The co-owner and CEO, Sven Nuutmann, emphasizes the group's vision of becoming the market leader in Poland, focusing on providing top-tier ticketing services. The strategy includes integrating the successful functionalities of Kicket.com and Biletomat.pl with Piletilevi Group's existing platform.
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Industry Overview in Poland
The ticketing industry in Poland is rapidly evolving, driven by increased consumer demand for diverse entertainment options and improved technology in ticket distribution. As the m
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Piletilevi Group
invested in
Kicket.com and Biletomat.pl
in 2023
in a Buyout deal
Disclosed details
Revenue: $320M