Automatiq, an automation provider for ticket resellers, has entered into a merger agreement with Drew’s Tickets and its Lysted technology.
Drew’s Tickets is a provider of consignment and fulfilment services, and the merger will see customers have access to services surrounding pricing, distribution, order processing and fulfilment.
Sam Sherman, chief executive of Automatiq, said: “We are thrilled to add Drew’s Tickets to the Automatiq family. Their amazing service is unparalleled in the industry. Over the years, more and more of our customers have migrated their operations over to Drew’s, and their customer satisfaction has always been through the roof.
“Together, we will be able to offer our joint customers the most comprehensive and cutting-edge tools and services available in the market.”
Drew Silver, founder of Drew’s Tickets, said: “We are excited to be part of the Automatiq team. Uptick and Sync, their automated pricing and distribution tools, are the best in the business and major reasons why we were interested in joining Automatiq.
“We are confident that together we will be able to help our customers grow their businesses faster and more profitably than ever before.”
The two companies also have partnerships and integrations with marketplaces such as StubHub, Vivid Seats, Ticketmaster, SeatGeek, TicketNetwork, Gametime, TickPick, Ticket Evolution, AXS Resale and others.
Sherman added: “This merger is a win-win for our customers and the marketplaces. Our customers will benefit from Automatiq’s cutting-edge technology and the unparalleled support and service of Drew’s Tickets.
“We also expect to add value to marketplaces by bringing new content from smaller sellers into the ecosystem and ensuring that we maintain the industry’s lowest fault rates and fastest confirmation and delivery times which also enables our customers to get paid faster.”