Logitix
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Logitix - overview
Established
2010
Location
Boca Raton, FL, US
Primary Industry
Software
About
Logitix, based in Boca Raton, Florida, provides innovative ticketing solutions that streamline the live event ticketing process for various clients, enhancing their overall operational efficiency and sales. Logitix specializes in ticketing solutions, having been founded in 2010. Recently, in October 2024, it was acquired by Victory Live, Inc. , a portfolio company of Clearlake Capital Group, to bolster growth in the live events market.
Logitix was previously part of ZMC prior to this acquisition. The company's headquarters is located in Boca Raton, US. Victory Live® offers a comprehensive suite of innovative ticketing solutions designed to optimize the live event ticketing process for a diverse client base including rightsholders, resellers, travel agents, and loyalty operators. Their flagship product, Victory Live One, is a fully integrated platform that enables users to effectively manage various aspects of ticketing, including acquisition, inventory control, pricing strategies, sales, order fulfillment, and detailed reporting.
This platform leverages data-driven insights and automated functionalities to enhance operational efficiency and drive online ticket sales, addressing the needs of event organizers across sports, music, and theater sectors. The company's products are utilized in multiple geographical markets, including the United States, Canada, Europe, and parts of Asia, serving a wide range of clients from individual event organizers to large scale exchanges and ticketing professionals. Victory Live generates revenue through a variety of transactional models that include partnerships with rightsholders and resellers, as well as direct-to-consumer sales. The company engages in business-to-business transactions where clients access the Victory Live One platform on a subscription basis, allowing them to streamline their ticketing operations.
Additionally, the company capitalizes on revenue generated through its dynamic marketplace solutions, which include wholesale and retail exchanges. These transactions may involve tiered pricing structures based on service levels or volume of ticket sales, providing clients with flexibility in how they utilize the platform's capabilities. Through these structured relationships and transactional models, Victory Live aims to maximize revenue for its partners while delivering a seamless ticketing experience. In October 2024, Victory Live, Inc.
acquired Logitix, aiming to drive its growth and enhance its value within the live events market. This acquisition is expected to support the development of new products tailored for upcoming market demands. Moving forward, the company has plans to expand into additional markets including Europe and parts of Asia by mid-2025, leveraging the resources and capabilities gained from the acquisition to facilitate this growth.
Current Investors
Primary Industry
Software
Sub Industries
eMarketing/Digital Marketing, Sales & Marketing Software
Website
www.logitix.com
Verticals
AdTech, Cloud Computing, Cloud Computing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Logitix - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Logitix | - | ||||||||
| Add-on | Completed | The Ticket Group | - | ||||||||
| Growth | Completed | Logitix | - |
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