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Paylogic Deutschland GmbH Münzstraße 18 10178 Berlin, Germany http://www.paylogic.de
Contact Mr Sascha Dewald +49 30 21502925
PD
Paylogic Deutschland GmbH

SFX Entertainment acquires Paylogic

SFX Continues its Digital Expansion with Europe's Fastest-Growing Ticketing Company

(PresseBox) (New York, )
SFX Entertainment, Inc. (NASDAQ: SFXE), the world’s largest producer of live events and entertainment content focused primarily on electronic music culture (EMC), announced today that it has acquired 75 percent of Paylogic, a leading new generation ticketing company in Europe. The company is valued in the deal at approximately $22 million.

With offices in Amsterdam, Groningen, Berlin and Antwerp, Paylogic recently began operations in the U.S., handling the introduction of the initial TomorrowWorld festival outside Atlanta. Paylogic has sold more than 20 million tickets to fans from more than 150 countries for events in more than 20 countries in Europe,
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