Endeavor’s On Location Business Buys Ticketing Software Firm as Part of “Tuck-In” Acquisition Strategy

  • 📰 THR
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Endeavor keeps acquiring new businesses in a bid to bolster its core strategic areas, particularly sports and live events. The latest deal will see On Location, Endeavor’s experiential events…

that the company was operating in “growth mode,” particularly as it relates to live events, which the company has made a top strategic priority. Although the company plans to significantly lower its debt load in the coming years, Shapiro also said it would “continue to be thoughtful but also aggressive” when it comes to acquisitions.

In particular, Shapiro said the company was looking into “tuck-in” acquisitions, which can be folded into one of Endeavor’s existing businesses. Qcue seems to fit that bill, with its software and tech slotting into On Location’s existing offerings., driven by the MMA outfit. As the company announces earnings, On Location announced a deal with the International Olympic Committee to be the exclusive hospitality provider of the 2024, 2026 and 2028 Olympic Games.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 411. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks to buy: 5 short-squeeze candidates for the week of July 25Business Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »