TicketManager Acquired by Valeas Capital Partners for $100 Million
Deal News | Jun 09, 2025 | Raptor Capital Management LP
Calabasas-based TicketManager, a prominent event ticket and guest management service provider, has been acquired by private equity firm Valeas Capital Partners for $100 million. The transaction sees Valeas acquiring a majority stake in the company, with TicketManager's co-founder and CEO, Tony Knopp, along with COO Ken Hanscom, retaining a minority interest. Founded in 2007, TicketManager serves over 500 global brands and partners with around 400 venues and teams to streamline ticket workflows and enhance guest experiences. Concurrently with the acquisition, TicketManager also managed to acquire the assets of Ovations, a corporate ticketing and hospitality platform, which is expected to significantly benefit TicketManager's portfolio. Tony Knopp expressed enthusiasm for integrating Ovations' team and customers into TicketManager's fold.
Sectors
- Private Equity
- Event Management
Geography
- United States – TicketManager is based in Calabasas, California, and the acquiring firm, Valeas Capital Partners, is likely to have operations within the U.S.
Industry
- Private Equity – The article discusses the acquisition by a private equity firm, highlighting the investment dynamics.
- Event Management – TicketManager operates in the event management industry, providing ticket and guest management services.
Financials
- 100,000,000 – The amount Valeas Capital Partners paid to acquire a majority stake in TicketManager.
- 110,000,000 – Initial reporting error. Actual deal value agreed at $100 million.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| TicketManager | Target Company | Company | An event ticket and guest management services provider based in Calabasas. |
| Valeas Capital Partners | Bidding Company | Private Equity Firm | A private equity firm that acquired a majority stake in TicketManager. |
| Tony Knopp | CEO and Co-founder | Person | Co-founder and CEO of TicketManager who retains a minority stake in the company. |
| Ken Hanscom | COO and Co-founder | Person | COO and co-founder of TicketManager who retains a minority stake. |
| Ovations | Acquired Company | Company | A corporate ticketing solutions and hospitality platform acquired by TicketManager. |