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SFX Invests $16.5 Million in Paylogic Ticketing

December 5, 2013, 07:54 PM

http://www.dmwmedia.com/news/2013/12/05/sfx-invest...

Hypebot reports that SFX Entertainment has invested $16.5 million to acquire a majority stake in the European ticketing service firm Paylogic. Paylogic was founded 5 years ago, and has offices in Amsterdam, Groningen, Berlin, and Antwerp. Currently, the company offers ticketing services to more than 2,000 clients and has operations in the U.S., offering ticketing services for the TomorrowWorld festival outside Atlanta.

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