Traverse City-Based GeoTix Sold
July 30, 2020
Traverse City-based GeoTix, the event ticketing software platform, has been sold to Evvnt, a London-based online calendar and marketing company. The majority of the dozen or so Traverse City GeoTix staff members will stay on with Evvnt, with 5-6 remaining in Traverse City.
GeoTix CEO Warner Queeny tells The Ticker the deal came about when the event landscape changed dramatically in March with the onset of COVID-19. “With so many events canceled, local ticketing took a bit of a bath, so we began to talk to others in the space about options.” Evvnt had been a partner of GeoTix since last fall; the company generates online calendars for dozens of news sites, including USA Today. Dun & Bradstreet estimates Evvnt’s 2017 revenues at $1.05 million.
As a result of the transaction, GeoTix investors — which include Traverse City-based Boomerang Catapult — will become investors in Evvnt.
GeoTix began in 2016 as an offshoot of MyNorth.
Comment
No Average Days At Coast Guard Air Station Traverse City
Read More >>PETA Urges National Cherry Festival, TC Boom Boom Club To Cancel Traverse City Fireworks Shows
Read More >>'It's All We Ever Knew:' Arnold Family Talks Joy, Challenges of Carnival Life
Read More >>This Local High Schooler Is Spending Her Summer At An Elite Naval Flight Academy
Read More >>
Past Cherry Royals: Where Are They Now?
Read More >>TCBN: Recycling Leaders Drive Change in Petoskey
Read More >>Traverse City Landmark Coming Down Soon
Read More >>Hope Happens Here: Addiction Treatment Services At 50 Years
Read More >>Why Did This Week’s Run Of 90-Plus Degree Weather Cause So Much Trouble In Traverse City?
Read More >>East Bay Township Considers TIF District
Read More >>