Dutch technology company CM.com, which is producing the ticketing infrastructure for the 2020 Dutch Grand Prix, is reportedly planning an IPO in Amsterdam.
According to Dutch newspaper Financieele Dagbald, banking companies Jefferies and ABN Amro have been brought in to lead the project, which would mark the first IPO in Amsterdam since payment system Ayden launched last year.
CM.com, which runs messaging services for companies, boasts clients such as Ikea, Domino’s Pizza and Albert Heijn.
The firm, which also runs automatic payment systems, has recently launched its ticketing arm and has been employed to organise sales for the 2020 Zandvoort Grand Prix, the first to be held in the Netherlands in 35 years.
Its ticketing product, Ticketing WebApp, allows event organisers to set up their own ticket shops to begin selling tickets directly. Users can also integrate the Ticketing API to develop their own shop and integrate on websites and applications.