Clarendon Fund Managers | DEAL AGREED WITH INGRESSO GROUP
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DEAL AGREED WITH INGRESSO GROUP

DEAL AGREED WITH INGRESSO GROUP

Technology services provider Accesso has acquired entertainment ticketing platform Ingresso Group, which has operations in Belfast.

Founded in 2011, Ingresso owns and operates a software platform which enables venue operators, event producers and inventory aggregators to offer digital sales through third party distribution channels.

It counts Lastminute.com, Cirque du Soleil, Amazon Tickets and Yplan among its client base.

The directors of Accesso believe the acquisition will open up a “significantly larger global distribution channel” through which existing customers can sell their event and attraction tickets, provide Ingresso with an opportunity to grow its business, and allow Accesso to address “inefficiencies within the travel and leisure industry”.

Tom Burnet, executive chairman of Accesso, said: “Our guiding purpose at Accesso is to help our clients drive revenue and improve their guest experience. It has been that way from our very first day as a company and today’s acquisition of Ingresso deepens that commitment further still.

“The ticket and the experience surrounding its purchase are absolutely central to our customers’ operations and our potential for growth.

“For many of our customers, access to third party distribution channels for ticket sales is an important revenue stream. In acquiring Ingresso, we will help connect venues with their visitors via third party distribution outlets in a technologically and financially efficient service-minded manner.”

Steve Brown, president and chief executive of Accesso, added: “Third party sales channels are more popular than ever before as a means for consumers to purchase tickets to their favourite show, attraction or event.

“With the addition of Ingresso’s technology and expertise, we have the opportunity to transform a process throughout the worldwide leisure and entertainment industry that today is complicated, inefficient and largely manual.”