TEG
https://www.teg.com.au/
Year Invested:
2020
Percentage Shareholding:
7%
Status:
Realised

TEG is the leading provider of ticketing and event promotion services and technology to the live entertainment industry in Australia, New Zealand and South East Asia and with a growing presence in Europe. TEG holds ~70% market share in Australia and New Zealand for ticketing for large concerts and top tier sports events primarily via its core ticketing brand, Ticketek, and is a leader in event promotion with a focus on tier 1 concerts. TEG employs ~500 staff across its operations in Australia, New Zealand, South East Asia and the United Kingdom.

Mercury acquired a ~7% shareholding in TEG in March 2020.

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