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Piletilevi PLG Acquisition Recognised at Baltic M&A Forum
April24
Piletilevi PLG (PLG) has received the “Baltic Outbound Deal of the Year” award at the Baltic M&A and Private Equity Forum in Riga, recognising its acquisition of Ticketportal, a ticketing platform operating in the Czech Republic and Slovakia.
The award, presented on April 23, was accepted by Sven Nuutmann, Founder and Chairman of the Management Board of the PLG group.
The transaction, completed in June 2025, marked a significant step in the company’s expansion into Central Europe and was highlighted by organisers as one of the most notable deals in the region over the past year.
The Baltic M&A and Private Equity Forum is an annual industry event for transaction professionals, bringing together private equity and venture capital funds, advisers, and corporate executives. This year’s edition, held under the theme “Bigger than the Baltics”, focused on increasing outbound investment activity and the internationalisation of Baltic-based companies.
According to Sven Nuutmann, the recognition reflects the group’s ongoing international growth strategy and its efforts to strengthen its position in the European ticketing market. He noted that the Ticketportal acquisition has expanded PLG’s presence in Central Europe and provided a foundation for further development.
From a live music industry perspective, the deal underlines continued consolidation within the European ticketing sector, as operators scale across multiple territories and integrate local platforms into broader networks. Such moves can impact promoters, venues and event organisers by shaping ticket distribution channels, pricing structures and access to regional audiences.
PLG operates a two-sided marketplace model connecting event organisers and ticket buyers, combining local ticketing brands with shared technology and operations. The group is currently active in Estonia, Latvia, Lithuania, the Czech Republic, Slovakia, Poland and Romania.
The company is owned by Angel Rose Capital, BaltCap and Tristafan, and employs close to 300 staff. The group is marking its 29th year of operations.
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