One of Australia’s ticketing giants has now partnered with one of its most prominent tour promoters. TEG, best known as the parent company of entities like Ticketek and Eventopia, have acquired Dainty Group to form TEG-Dainty.
In a statement, the company stated their hope to combine TEG’s “superior capabilities in ticketing and promotion” with Dainty’s “unparalleled experience in bringing some of the world’s biggest acts and productions to Australia”.
“Bringing the Dainty Group Team into the TEG family is the culmination of a very considered process that was focussed on harnessing the best of both companies under the TEG-DAINTY banner,” said TEG Chief Executive Officer Geoff Jones.
“Paul Dainty has been recognised globally by peers as both influential and innovative in the live entertainment space. We are very excited about the potential for TEG-DAINTY, and TEG as a whole, now that we have one of the world’s leading promoters at the heart of our business.”
Meanwhile, Paul Dainty, founder and Executive Chairman of Dainty Group said, “Joining the TEG group is a great opportunity for us to be part of a fully integrated entertainment and touring business.”
“Over the last 40 years we have had the opportunity to bring some of the world’s biggest names to Australia – Eminem, Hugh Jackman, Rolling Stones, Prince, Bon Jovi, Michael Bublé, Katy Perry, Paul McCartney, Neil Diamond, Oprah, Lionel Richie, George Michael, WWE and Billy Crystal to name a few…”
“We look forward to building on this list and continuing our ongoing artist relationships as part of the TEG group.” The formation of TEG-Dainty follows a number of acquisitions made by Jones in recent months.
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“Since our acquisition by Affinity Equity Partners in August last year, we have been able to take a fresh look at the integrated entertainment market in Australia and the Asia Pacific region, and we have seen some great openings for TEG and our partner companies,” he said.
“The acquisition of the Dainty Group is one of our most critical acquisitions to date and we look forward to harnessing the knowledge, experience and expertise that Paul and his Team will bring to our whole business.”
