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Vivid Seats Announces Acquisition Of Wavedash

PUBLIC · SEATAug 07, 2023

Acquiring Company

Vivid Seats Inc.

Acquired Company

Wavedash

ChicagoEventsSportsE CommerceMarketplaceEvent ManagementTicketing

Description

Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today announced that it has entered into a definitive agreement to acquire WD Holdings Co., Ltd. (“WD Holdings” or “Wavedash”), an online ticket marketplace headquartered in Tokyo, Japan. Vivid Seats will acquire Wavedash for an enterprise value of approximately ¥‎8.7 billion, or approximately $61 million*, in cash. The transaction is expected to close in the third quarter of 2023, subject to regulatory requirements and other customary closing conditions.

Quick answer

Vivid Seats Inc. is acquiring Wavedash, announced August 7, 2023. Vivid Seats Inc. is based in Chicago, Illinois, United States.

How much did Vivid Seats Inc. pay for Wavedash?
The deal value was not disclosed.
What does Vivid Seats Inc. do?
Founded in 2001, Vivid Seats is a leading online ticket marketplace committed to becoming the ultimate partner for connecting fans to the live events, artists and teams they love.
Where are Vivid Seats Inc. and Wavedash based?
Vivid Seats Inc. is based in Chicago, Illinois, United States.
Who are the decision-makers at Vivid Seats Inc?
Fundz holds 1 contact at Vivid Seats Inc. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Events and Sports

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Company Information

Company

Vivid Seats Inc.

Location

111 N. CANAL ST.

Chicago, Illinois, United States

About

Founded in 2001, Vivid Seats is a leading online ticket marketplace committed to becoming the ultimate partner for connecting fans to the live events, artists and teams they love. Based on the belief that everyone should “Experience It Live,” the Chicago-based company provides exceptional value by providing one of the widest selections of events and tickets in North America and an industry leading Vivid Seats Rewards program where all fans can earn on every purchase. Vivid Seats has been chosen as the official ticketing partner by some of the biggest brands in the entertainment industry including ESPN, Rolling Stone and the Los Angeles Clippers. Vivid Seats also owns Vivid Picks, a daily fantasy sports app. Through its proprietary software and unique technology, Vivid Seats drives the consumer and business ecosystem for live event ticketing and enables the power of shared experiences to unite people. Vivid Seats has been recognized by Newsweek as one of America’s Best Companies for Customer Service in ticketing. Fans who want to have the best live experiences can start by downloading the Vivid Seats mobile app, going to vividseats.com, or calling 866-848-8499.

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Frequently asked

Who acquired Wavedash?

Wavedash was acquired by Vivid Seats Inc., based in Chicago. The deal was reported on August 7, 2023. Founded in 2001, Vivid Seats is a leading online ticket marketplace committed to becoming the ultimate partner for connecting fans to the live events, artists and teams they love. Vivid Seats Inc. is publicly traded (SEAT) and operates in Events.

When did Vivid Seats Inc. acquire Wavedash?

Vivid Seats Inc.'s acquisition of Wavedash was reported on August 7, 2023. Vivid Seats Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Wavedash do?

Wavedash is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.