Vivid Seats is reportedly exploring a sale after receiving interest, according to a report from Bloomberg.
The news outlet cited sources familiar with the matter, who also said that the online ticketing marketplace was working with an adviser to assess interest from potential buyers.
TheTicketingBusiness has contacted Vivid Seats for comment.
The sources added that Vivid Seats had garnered interest from private equity firms.
Vivid Seats published its 2024 third quarter results back in November, and revealed that it had seen its revenue and net income fall.
However, adjusted EBITDA (earnings before interest taxes, depreciation, and amortisation) increased 2% from $33.4m (£27m/€32.6m) to $34.1m.
Vivid Seats agreed to go public in 2021 via a special purpose acquisition company (SPAC), which valued the business at $1.95bn.
Horizon Acquisition Corp, a blank-check firm backed by Todd Boehly, which agreed to purchase English Premier League club Chelsea in 2022 alongside Mark Walter, Hansjörg Wyss and Clearlake Capital.
Boehly and Walter also own a stake in the NBA’s Los Angeles Lakers, while Boehly acquired a majority stake in French Ligue 1 club Strasbourg in 2023.
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