PLG group buys Romanian ticketing leader iaBilet

What's the deal? PLG group, a leading ticketing company in the Baltics and Central Europe, has agreed to acquire iaBiletDealroom has a profile for this one. Try Dealroom →, Romania's market leader. The agreement was signed on May 20, with the deal set to close after standard conditions and regulatory processes are completed.

What's the endgame? The acquisition extends PLG group's footprint into Romania, adding that country's leading ticketing operator to its regional network.

The signal: The deal points to continued consolidation across European ticketing, as regional players absorb national leaders to build scale.

Read more: pmo.ee

Image credit: Flavia_FF