CVC pumps $75m into resale ticket distributor DTI
The soon-to-be ex-controller of F1 hopes to turn DTI Management into "the global leader in live entertainment ticket distribution"
News By | 17 October 2016
CVC Capital Partners, the London-based private-equity firm which last month agreed to sell its controlling interest in Formula 1 to Liberty Media Group, has bought into DTI Management, an inventory management and distribution platform for ticket resellers.
Virginia-based DTI, one of the Washington Business Journal’s fifty fastest-growing companies of 2016, distributes its customers’ tickets to “99% of the secondary ticket resale websites on the internet”, including StubHub, Vivid Seats, SeatGeek and Ticketmaster’s resale sites, using proprietary software.
CVC says its goal…