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HomeTown Ticketing receives $75m boost

HomeTown Ticketing, a digital ticketing and event software for schools, districts, conferences and associations company, has secured a $75m (£57m/€69m) investment from private equity firm, Nexa Equity.

The software company is headquartered in Columbus, Ohio and was created to help schools and colleges manage events. HomeTown Ticketing hosts over 200,000 events annually on behalf of 12,000 schools and colleges, 55 athletic conferences and 17 state associations across the US.

HomeTown Ticketing’s platform means customers can manage events, sell reserved seating online and oversee gate admissions. Event staff are also able to set up custom box offices, manage and report payments, and communicate with attendees through a number of channels.

Event-goers can use the platform to buy tickets directly from the schools’ websites through an embedded online ticket box office, or via the HomeTown Ticketing mobile app.

Vlad Besprozvany, founder and managing partner at Nexa Equity, said: “HomeTown’s platform completely changed the way events are managed by solving a critical pain point for school administrators and event coordinators.”

HomeTown Ticketing chief executive Ryan Hart added: “The days of schools, organisations, and communities using collection boxes, cash, and spreadsheets is coming to an end. We decided to partner with Nexa Equity because of their experience, enthusiasm, and proven track record of scaling vertical-specific software companies.

“Nexa Equity’s investment will be instrumental in HomeTown Ticketing being able to reach more customers and serve them even better. We look forward to supporting more schools and communities as they transition away from dated processes to our digital ticketing and event platform.”

Image: Riley McCullough on Unsplash