Leading ticket, live content and touring company TEG has today announced the acquisition of global live entertainment giants Dainty Group to create TEG-DAINTY.
With both companies now under one roof, TEG-DAINTY will work together to bring the biggest and best music, entertainment and sporting events to Australia.
"Bringing the Dainty Group Team into the TEG family is the culmination of a very considered process that was focused on harnessing the best of both companies under the TEG-DAINTY banner," Chief Executive Officer of TEG Geoff Jones said.
"We are very excited about the potential for TEG-DAINTY, and TEG as a whole, now that we have one of the world’s leading promoters at the heart of our business."
"Joining the TEG group is a great opportunity for us to be part of a fully integrated entertainment and touring business," founder and Executive Chairman Paul Dainty said.
The introduction of TEG-DAINTY also coincides with the announcement of a number of strategic acquisitions and partnerships.
"Since our acquisition by Affinity Equity Partners in August last year, we have been able to take a fresh look at the integrated entertainment market in Australia and the Asia Pacific region, and we have seen some great openings for TEG and our partner companies," Jones said.
"The acquisition of the Dainty Group is one of our most critical acquisitions to date and we look forward to harnessing the knowledge, experience and expertise that Paul and his team will bring to our whole business."
