Wed, 28/05/2014 - 10:08
FF&P Private Equity has invested in European self-ticketing solution ticketscript, which has offices in London, Amsterdam, Antwerp, Barcelona and Berlin.
Since its launch in 2006, it has worked with over 70,000 events across Europe, and sold over 11 million tickets for its clients.
FF&P Private Equity will be investing GBP7million in the business, enabling ticketscript to continue its international expansion and develop new services.
Henry Sallitt, director of FF&P Private Equity, says: “We are delighted to have invested in ticketscript as a truly disruptive service provider in the pan-European ticketing market, and back the management’s ambitions to substantially grow their market-leading proposition. FF&P Private Equity has been successful in helping its portfolio of entrepreneurial companies to grow their businesses and we look forward to working with ticketscript to continue the company’s development.”
Frans Jonker, CEO of ticketscript, says: “I am excited to announce this investment, and believe FF&P Private Equity is the perfect partner to help us to take ticketscript to the next level. ticketscript has a ground-breaking, market-leading ticketing solution and this investment will support our increasing client demand and further international expansion.”
Henry Sallitt and Llewellyn John of FF&P Private Equity have joined the board of ticketscript at completion of the investment.
FF&P Private Equity was advised on the transaction by Plural Strategy, Baker Tilly, Speechly Bircham, Intuitus, Catalysis Advisory, Willis and CappcoPartners. ticketscript was advised by Go4Venture and Bond Dickinson.
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