Ticketek owner TEG buys majority stake in Sydney start-up FAN+

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Ticketek owner TEG buys majority stake in Sydney start-up FAN+
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TEG reckons FAN+ is the hottest ticket in the town.

TEG, which owns Ticketek, is joining FAN+’swhich includes Artesian Capital, Pacific Equity Partners founder Rickard Gardell, former Merrill Lynch Australia boss Greg Bundy, hotel mogul Jerry Schwartz and Craig Carracher, a former operative for Packer family’s Consolidated Press Holdings .

FAN+ sells users personalised experiences like one-on-one footy training sessions with AFL player Adam Treloar, a Zoom session with Western Bulldogs captain Ellie Blackburn, or even a video message from HomeIt’s also got auctions, where fans bid against each other to, say, flip the coin at a sports match.Silver Lake turns its mind to an exit after a three-year stay

FAN+ founder and boss Rod Harys with volleyball star Kerri Potthart and FAN+ employee Aaron Warburton in 2018. TEG chief executive Geoff Jones said the acquisition would leverage TEG’s portfolio of live events. The business delivers 30 million tickets annually to more than 30,000 events in 13 countries. It also operates live venues like Sydney’s Qudos Bank Arena.“AT TEG we believe nothing beats the live experience and to be able to personalise that live experience with a FAN+ moment is the perfect extension of our offering,” Jones said.

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