PLG acquires Czech Republic’s Ticketstream

International ticketing firm PLG has bolstered its presence in the Czech Republic with the purchase of Ticketstream in collaboration with its Czech partner, GoOut.

The deal grows Estonia-hailing PLG’s presence in Central Europe while taking its Czech market share to 34%, according to board chair Sven Nuutmann.

PLG, which was known as Piletilevi Group prior to rebranding at the start of 2025, says it is the leading ticket sales platform in the Baltic States and is the largest ticket sales operator in Central Europe, with operations in Estonia, Latvia, Lithuania, Romania, the Czech Republic, Slovakia and Poland.

“Our goal is to bring the market leaders in ticket sales from different countries under one strong international network to offer customers a broad and high-quality range of services,” says Nuutmann. “Our aim is to achieve a market leader position in all our markets, through which we can offer the most effective sales channel for organisers.

“We continue to implement our strategy and are preparing for several more transactions. For this, we are also raising new capital from foreign markets.”

“The acquisition of Ticketstream, is just one example of the fruitfulness of our cooperation”

Nuutmann describes Lukáš Jandač, chair of GoOut – which was acquired by PLG in 2023 – as an “excellent partner”

“Over the two years we have worked together towards a common goal,” he adds. “His commitment and vision have helped achieve remarkable results. Our first joint investment, the acquisition of Ticketstream, is just one example of the fruitfulness of our cooperation and proves that together we can implement even larger projects.”

Ticketstream CEO Viktor Mastnik says the purchase offers the firm a “great opportunity to partake in PLG’s international experience and top-level technology, contributing their knowledge of local market needs”.

PLG, which is owned by Nuutmann’s investment company Angel Rose Capital and private equity firm BaltCap, issues 15 million tickets per year with a total value of €300 million. In late 2024, it expanded its reach in Romania with the acquisition of Ticketing Nation, which manages the Entertix.ro and Myticket.ro platforms.

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