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Hometown Ticketing Acquires Ticket Spicket To Accelerate Modernization Of Event Ticketing

Oct 20, 2022about 3 years ago

Acquiring Company

HOMETOWN TICKETING, INC.

Acquired Company

Ticket Spicket

Columbus

Description

HomeTown Ticketing Inc., the leading provider of digital ticketing for schools, districts, conferences, and associations, and a Nexa Equity portfolio company, announced today it has completed the acquisition of Ticket Spicket, a Virginia-based digital ticketing platform focused on the K-12 market. The acquisition expands HomeTown's capabilities and broadens the company's geographic presence across the United States. The combined company will serve more than 300,000 events annually and 40 million fans in all 50 states.

Company Information

Company

HOMETOWN TICKETING, INC.

Location

1328 Dublin Road

Columbus, Mississippi, United States

About

Hometown Ticketing is a trusted leader in digital ticketing and event management for schools. Its seamless, paperless platform empowers schools to promote events, streamline ticket sales, and manage gate entry with efficiency and transparency. Thousands of schools rely on Hometown's customizable tools to maximize revenue, strengthen community engagement, and deliver exceptional event experiences.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed