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"

Curtis Cheng, DTI CEO © DTI Management

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…

You've used your free article this month

Continue reading with a free account, or subscribe for unlimited access to all of our news, features and reports.

Subscribe Create a Free Account

Related Content

Back to top