Jan. 28, 2016
Posted by Bruce Morrison, General Manager, Ticketfly Canada
Today we’re back to our deal closing ways. We just announced that we’ve acquired TicketBreak, the ticketing service of MapleCore Ltd., a leading Canadian independent music company. We’re fueling our expansion in Canada, and North America, and bringing some incredible new clients and employees to the Ticketfly family.
Through this acquisition, we’ve broaden our presence in the North American festival space and entered into a new vertical, casino entertainment. We’re adding 48 new clients to an already star-studded Canadian roster that includes the likes of The Vogue Theatre, Union Events, Collective Concerts, Inertia Entertainment, and Atomique Productions. Our new clients represent a mix of venues, promoters, festivals, and casinos, like Casino New Brunswick and Grey Eagle Casino and Resort.
By joining the Ticketfly family, TicketBreak clients will have access to the leading live events technology platform on the market. With Ticketfly taking care of the tech and the clients, MapleCore can focus on what it does best: managing artists in a rapidly changing music industry.
TicketBreak is our second acquisition north of the border in the last twelve months. It comes right on the heels of an outstanding 2015 were we processed 19 million tickets, generated over $600 million in gross ticket sales, and added over 500 new clients. Not to mention that we now power over 600 websites on behalf of our clients making us the leading provider of website technology to the live events industry.
Canada already knows Ticketfly well, and we’re thrilled to be expanding our Canadian footprint. We’ve ramped up our office and our team in Toronto to make sure Canadian clients get top-notch support. Our incredible growth since launching in Canada in 2013 shows that Canadian venues and promoters are looking for an alternative to the incumbents and choosing Ticketfly. In 2015, Ticketfly Canada processed 1.4 million tickets, generating over $65 million Canadian in gross ticket sales, representing annual growth in excess of 60 percent.
Andrew Dreskin, our co-founder and CEO, and long-time Neil Young and Rush fan, says: “The acquisition of TicketBreak is yet another illustration of how Ticketfly is redrawing the live events landscape. TicketBreak is our third Canadian acquisition, and the second in the last twelve months. The only thing bigger than Ticketfly in Canada is The Tragically Hip. We’re fired up to welcome TicketBreak and its clients to the Ticketfly family, and are looking forward to sharing our platform with more great venues and fans across Canada.”
We’re proud that our technology provides clients with a better experience and sets them up for success. Together, we’ve reimagined the live event experience for more than 120 Canadian partners, and we can’t wait to work with TicketBreak clients to do the same.