Taylor Wessing has advised accesso Technology Group plc, an AIM listed technology solutions provider in the entertainment and leisure market, on its acquisition of Ingresso Group Limited, a global distribution system for entertainment ticketing, for an EBITDA based price of up to £28m.

Founded and headquartered in the UK, Ingresso provides live access to ticketed events worldwide across multiple platforms, languages and currencies. It owns and operates a software platform which enables venue operators, event producers and inventory aggregators to offer real-time digital sales through global third party distribution channels and connects some of the world’s largest e-commerce companies to event ticketing systems, allowing them to sell tickets to entertainment events under their own brand and payment systems.

The acquisition of Ingresso by accesso Technology Group will deepen the company’s ability to help its customers drive efficiency and realise greater value from their ticketing operations. It will also open up a significantly larger global distribution channel through which existing accesso customers can seek to sell their event and attraction tickets.

The Taylor Wessing team was led by Corporate partner Tandeep Minhas and supported by associates Amy Coburn and Claudia Frame and trainee Emily Mattley. The deal involved experts in a number of other practice areas, including Heather Buttle, Louis Dewfall and Emma Casemore (Banking & Finance); Ann Casey, Richard Carson and Harriet Revington (Tax & Incentives); Sian Skelton, Sarah Earl and Richard Craig (ITTC); Michael Chattle and Colin Godfrey (Employment); Emma Aylwin and Georgina Wardrop (Pensions); and Louise Tobutt (Real Estate).

Tandeep Minhas said: “We’re delighted to have been able to successfully conclude this acquisition for accesso, which will complement the Group’s ticketing offering across the leisure and entertainment industry.”