TEG, which owns Australasia-facing ticketing firm Ticketek, has appointed Matthew Donazzan to the newly created role of director of strategy and M&A.
Donazzan will lead the team charged with assisting TEG’s chief executive Geoff Jones and the board in determining and executing the global live entertainment, ticketing and technology business’s key strategic projects.
He will also oversee TEG’s mergers and acquisitions program, including target identification and prioritisation, stakeholder coordination, due diligence, execution and integration.
Donazzan was previously an executive director covering private equity clients at Goldman Sachs, where he played an instrumental role in the sale of TEG to its new owner Silver Lake Partners in 2019.
Jones said: “We were deeply impressed by Matt during our sale to Silver Lake and it is a testament to his impeccable pedigree that our new partners and owners have backed us in hiring him to the TEG Senior Leadership Team.
“Matt has a sharp, creative and commercial way of thinking that makes him a great fit as we press on with long-term plans to grow at home in Australia and internationally. We are delighted to welcome him to TEG.”
TEG’s most recent acquisition was Melbourne-based promoter Van Egmond Group, which organises large-scale events across Australasia and Asia and includes rock band AC/DC as its partners.
Donazzan said: “I am thrilled to have joined Geoff and the team at TEG, which has grown into a fantastic company with even greater long-term potential for growth. I am looking forward to working with Geoff and the team to further TEG’s success and help to shape its future.”
In October last year, TEG was acquired by California and New York-headquartered technology investors Silver Lake, whose other investments include Alibaba Group, Dell Technologies, WME’s parent company Endeavor, and the Madison Square Garden Company.