Piletilevi PLG has acquired Ticketportal, leading to an expected annual GMV growth to €600 million and enhancing PLG's status as the largest ticketing operator in Central Europe.
Information on the Target
Piletilevi PLG, a portfolio company of BaltCap, has recently expanded its footprint by acquiring Ticketportal, the premier ticketing platform in the Czech Republic and Slovakia. This strategic acquisition was finalized on June 12 in Prague and is poised to significantly enhance PLG’s Gross Merchandise Volume (GMV), pushing it to an impressive €600 million annually.
As a leading entity operating across seven European markets, PLG solidifies its status as the largest ticketing operator in Central Europe. The acquisition of Ticketportal aligns perfectly with PLG's long-term objective of consolidating regional leaders to provide optimal sales channels for event organizers.
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Industry Overview in the Czech Republic and Slovakia
The ticketing industry in the Czech Republic and Slovakia has seen remarkable growth in recent years, buoyed by a burgeoning events market that includes concerts, festivals, and sportin
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Piletilevi PLG
invested in
Ticketportal
in 2023
in a Buyout deal
Disclosed details
Revenue: $642M