LA JOLLA, California and NEW YORK, December 22, 2022 /PRNewswire/ — Events.com, the leader in event technology, today announced that it has secured a capital commitment. 100 million dollars Gem Global Yield LLC SCS (GGY) in the form of a Share Subscription Facility (SSF). SSF will accelerate the company’s growth strategy through acquisitions, partnerships and organic initiatives. Under this amended agreement, Events.com will have the ability to draw 100 million dollars after a stock exchange listing.
Events.com recently acquired several companies, including the world’s leading artificial intelligence and machine learning event discovery company, an event sponsorship technology company, and an industry-leading major ticketing company. These acquisitions set the stage for expansion and a major launch in 2023. The company will also announce a fourth acquisition soon and is looking to acquire other companies.
“We are delighted that GEM has committed 100 million dollars to Events.com,” he said Mitch the shooter, co-founder and CEO of Events.com. “GEM’s funding is a proven catalyst for companies lucky enough to partner with them. In addition to this funding, two major trends are converging in our favor: first, the massive recovery of the events sector as the world comes back together, and second, the continued growth of the experience economy. People are increasingly values experiences more than purchases. We’re here to help people live the most meaningful moments of their lives with the best technology.”
“We are proud of what we have achieved, especially in recent years,” he said Stephen Partridge, President and Co-Founder of Events.com. “Through some of the toughest times in the events industry, Events.com has supported its customers, sponsored attendees, and continued to make major product improvements, including the integration of several successful acquisitions. This funding from GEM will help us grow. Get ready to scale and industry to continue driving it forward. The accelerated launch of the Events.com platform and the expansion of the Events.com story will redefine our industry, for which we are grateful and proud.”
Global Emerging Markets (“GEM”) a 3.4 billion dollars It manages a diverse set of investment vehicles and has completed more than 740 transactions in 72 countries. GEM’s investment vehicles provide the group and its investors with a diverse portfolio of asset classes spanning the global private investment spectrum. Its family of funds and investment vehicles provides GEM and its partners with exposure to Small-Mid Cap Management Buyouts, Private Investment in Public Assets (PIPEs) and select venture investments.
For more information: https://www.gemny.com/
Events.com is a platform that helps passionate people create, promote, discover, enjoy and capitalize on every event. With end-to-end event management solutions, Events.com gives organizers access to a suite of products for every step of the event lifecycle, allowing organizers to save time and generate more revenue. Events.com offers sponsorship and promotional tools, event management software, event calendars, digital marketing services, local billing and local sales to make the event planning process a seamless experience from start to finish. To promote your event with Events.com or for more information, visit https://www.events.com
Create your event at Events.com – Online Event Registration Software: https://events.com
The most meaningful moments of our lives, powered by Events.com. – YouTube: https://www.youtube.com/watch?v=5gcW83dpIOc
Events.com (@eventsdotcom) – Instagram photos and videos: https://www.instagram.com/eventsdotcom/
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