11.04.2024
VIVATICKET ACQUIRES TECTELTIC ON-LINE SL
The Italian ticketing company consolidates its presence in Spain and continues to focus on international growth
BOLOGNA, 26th July 2024 – Vivaticket (the “Company”), a leading global provider of integrated ticketing software solutions to the leisure and entertainment, sport, culture and tradeshow industries, today announced that it has acquired Tecteltic On-line SL (“Tecteltic”), a Spanish ticketing operator with an innovative cashless payment solution. Terms of the deal were not disclosed.
Established in 2013, Tecteltic owns the two brands Entradas a tu Alcance, used for B2C operations, the third-largest ticketing portal in Spain with more than 3.5 million tickets sold in 2023, and Safety Global (born in 2019) for B2B operations, the leading company in the country in terms of solutions for access control, cashless solutions for festivals, and Order & Pay with smart terminals for concert bars. With more than 1,800 large-scale ticketing events managed in 2023, the company also began utilizing artificial intelligence to enhance predictions based on data from large events, providing promoters with a valuable tool for making decisions that optimise their results.
The acquisition by Vivaticket will allow Tecteltic Online SL to further expand its reach internationally, as an extension of Vivaticket’s network and strategy in Spain. Vivaticket, which was founded in 1999 and sells 850 million tickets per year, continues to strengthen its market leadership with some of the world’s most exciting attractions and organisations. This acquisition, which follows that of Impronta in 2023, reinforces the Company´s Spanish footprint and its ability to serve Spanish-speaking markets, while further raising the bar on its technology offering through Tecteltic’s world-class solutions.
Vivaticket currently operates in 52 countries around the world with 21 offices.
We are delighted to announce the acquisition of Tecteltic today, as a continuation of our international growth. While this acquisition will consolidate the growth of Vivaticket in Spain – together, we look forward to entering new geographies and verticals through our shared objectives. We are happy to be welcoming the Tecteltic team to Vivaticket and look forward to our continued collaboration.
“The integration of Tecteltic into Vivaticket aims to become one of the most important operators in Europe in terms of vertical integration in sectors and products such as culture, exhibitions, theme parks, sports, shows and music festivals. In this context, the services provided by Vivaticket and Tecteltic are reinforced by incorporating ticketing services to the operator, as well as the state-of-the-art technological consultancy, ticket validation, cashless and payment methods with intelligent data-phones as management software for concert bars. Furthermore, with the incorporation of Tecteltic’s human team and management staff to Vivaticket’s organization chart, the operator’s role as a strategic partner of its clients is strengthened by developing specialized departments in Financial Consulting, Legal, Marketing and Branding, Tax Investment, Human Resources for events, Technology for events, Payment Methods, Sponsorships and Venue Management.
“Tecteltic Online SL provides ticketing, access control, cashless and consulting services for events, festivals and live concerts. The 2 brands Entradas a tu Alcance and Safety Global together serve over 270 clients across Spain, including major festivals such as Puro Latino, Dreambeach, Reggaeton Beach Festival, Sonorama, Rototom, Aquasella, Icónica Sevilla, Murcia On, Mouro Producciones, Negrita Music Festival, Circoloco, Costa Feira, Riverland, Jardín de las Delicias, Espacio Zity, Toledo Beat, Monoloco, and artists like Leiva, Arde Bogotá, SFDK, and Juán Dávila.
