Alantra advised Vivaticket on its sale to Investcorp
Alantra is pleased to announce its client, Vivaticket, has agreed to sell 100% of the business to Investcorp, a leading global provider and manager of alternative investment products. The transaction is subject to customary closing conditions and is expected to close by the end of 2019. The value was not disclosed.
Headquartered in Bologna, Italy, with US operations in Orlando, Fla., Vivaticket is a provider of proprietary end-to-end ticketing and access control solutions for sporting events, concerts, tradeshows, theme parks, theaters and other leisure and entertainment venues. The company has an expansive international presence, serving over 2,200 clients across 50 countries. Vivaticket’s client list includes top international brands such as Walt Disney World, FC Barcelona, Musée du Louvre, Tour Eiffel, and EXPO Dubai 2020. Founded in 1999, the company has 450 employees in its 19 global offices.
A joint team, consisting of members from Alantra Italy and Alantra Tech, advised Vivaticket throughout the mandate and guided them through the active, cross-border process. “Working hand in hand with our technology team, we were able to reach an unparalleled global universe of potential acquirers,” said Lorenzo Astolfi, Managing Partner of Alantra Italy.
US efforts were led by John Emery, Managing Director and head of Alantra Tech, who added, “Strategic and private equity acquirers alike are all looking to capitalize on the growing demand for live experiences and events, particularly among the younger demographic. We are excited to continue working with similar dynamic companies building technology to serve the ‘experience economy’ on a global basis.”
“The Alantra team was instrumental in guiding us through all phases of a multifaceted, global process,” said Luca Montebugnoli, co-founder of Vivaticket. “We were impressed with Alantra’s commitment in helping us choose the right partner for our future development,” he concluded.
Alongside Mr. Astolfi and Mr. Emery, Alantra’s transaction team included Vincenzo Scotto, Luca Barone, Costanza Cau, and Valentina Perrone from Alantra Italy and Kevin Hawkins, and AJ Ferrara from Alantra US Tech.
Feb 2021Sell-side advisoryFeb 2021SECTOR TechnologyService M&A
Jan 2021Sell-side advisoryJan 2021SECTOR TechnologyService M&A
Jan 2021Buy-side advisoryValue £1 billionJan 2021SECTOR TechnologyService M&AValue £1 billion
Dec 2020IPODec 2020SECTOR TechnologyService Equity Capital Markets