Glaser Weil Represents TixTrack in Strategic Spin-Out of Ticketure to Dahlia Equity Partners

Glaser Weil represented TixTrack, Inc., a leading technology company specializing in ticketing and access management solutions for live entertainment, arts and cultural attractions, in connection with the successful spin-out and sale of its Ticketure business to Dahlia Equity Partners, L.P.

Ticketure is a mobile-first, cloud-based ticketing solution designed for timed entry and general admission events. The buyer, Ticketure LLC, is a newly formed entity backed by Dahlia Equity Partners, a private equity firm focused exclusively on software that powers core customer workflows. Ticketure LLC will operate independently, focusing on SaaS ticketing solutions for museums, zoos, aquariums, gardens, attractions and immersive experiences.

TixTrack is owned by affiliates of the Nederlander Organization, one of the largest operators of live theaters and music venues in the United States and a longtime Glaser Weil client.

The Glaser Weil deal team was led by Partner Jeffrey Soza, with support from Associate Josephine Wu.

Read Dahlia Equity Partners’ press release for more information.