Introduction
Invera Equity Partners, a Croatian PE fund focused on investing in small and mid-sized enterprises has provided growth equity capital to Entrio, a leading regional ticketing platform operating across Croatia, Slovenia, and Bosnia and Herzegovina. GRUBISIC & Partners Corporate Finance acted as the exclusive financial advisor to Entrio in the transaction process.
Information about the Acquirer
Invera Equity Partners is entrepreneur run private equity fund with global presence through its portfolio. Entrio marks their fourth investment, alongside Museum of illusions (global museum chain), Marles (producer of timber frame buildings & houses) and Kompare (insurance & telco aggregator platform).
Information about the Target
Entrio is a fastest growing SEE ticketing platform with best in class proprietary developed software solution offering digital ticket sales and established network of over 100 physical partner outlets. Aside from concert and festival organizers, Entrio platform serves both conferences and corporate events. With headquarters in Zagreb, Croatia, the company also has offices in Slovenia and Bosnia and Herzegovina. In 2023, the company sold more than one million tickets for over 3,000 events continuing its double digit growth rate.
Transaction rationale
With investment from Invera Equity Partners, Entrio aims to strengthen its position on existing markets in Croatia, Slovenia and Bosnia and Herzegovina, as well as opening new regional markets in combination with development of new products and services.
