Vivid Seats has acquired Wavedash, an online ticket marketplace, in an all-cash transaction. Wavedash is based in Japan.
Founded in 2001 and headquartered in Chicago, Vivid Seats provides access to ticketed events across North America. It’s the official ticketing partner for ESPN, the Los Angeles Clippers and Rolling Stone, among others. This acquisition will allow Vivid Seats to expand its international presence.
“International markets collectively represent a compelling growth opportunity as concerts grow in popularity worldwide and as international secondary ticketing continues to develop,” says Vivid Seats CEO Stan Chia. “We are excited to leverage learnings from Wavedash as we contemplate additional opportunities to drive profitable growth in the long-term.”