Sydney-based TEG takes a "significant step towards becoming a global live entertainment powerhouse" with the takeover of Bristol-based the MJR Group
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The Van Egmond Group, which has promoted tours by the likes of Dire Straits, AC/DC, Billy Joel and Prince, is the latest addition to the TEG portfolio
By Anna Grace on 24 Feb 2020
Australian promoter the Van Egmond Group has joined live entertainment giant TEG, adding to the company’s live music arms TEG Live, TEG Dainty and TEG MJR.
Led by Garry and Christo Van Egmond, the Melbourne-based company has over 45 years’ experience in event promotion, merchandising and ticketing and has promoted tours including Dire Straits’ Brothers in Arms and AC/DC’s Black Ice.
Under the deal, the group will be renamed TEG Van Egmond. Financial terms have not been disclosed.
“The Van Egmond Group has a long pedigree of delivering blockbuster tours with huge acts such as Dire Straits, Billy Joel, Rod Stewart, INXS, Riverdance, Prince, Bette Midler, Dolly Parton and the great AC/DC,” says TEG CEO Geoff Jones.
“Garry has sold well in excess of 30 million tickets across contemporary concerts and theatre productions in the Australasian marketplace and we are delighted to have him and Christo on board as part of the TEG family.”
“We have seen TEG’s phenomenal growth over the last few years and we look forward to delivering some big tours and events under TEG Van Egmond”
Garry Van Egmond adds: “We have seen TEG’s phenomenal growth over the last few years under Geoff’s leadership and we are very excited about joining TEG and look forward to delivering some big tours and events under TEG Van Egmond.
“TEG Van Egmond will be active in both the North America and UK/Europe for top-tier touring opportunities for Australia and South East Asia.”
Cindy Wilson, previously managing director of BASE Entertainment Asia, will represent TEG Van Egmond in North America, based in Los Angeles.
TEG, which was bought by private equity firm Silver Lake Partners in October 2019, last year expanded into Europe through its acquisition of the MJR Group, now TEG MJR, and launched a new family entertainment arm, TEG Experiences. The company also issues over 28 million tickets a year through its ticketing platform Ticketek.
Along with TEG Live and TEG Dainty, the company organised the Fire Fight Australia bushfire benefit concert earlier this month.
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