Nexa Equity, a private equity firm, has made a $75 million growth investment in HomeTown Ticketing. The capital will enable HomeTown Ticketing to launch new product innovations and meet heightened demand from customers.
HomeTown Ticketing hosts over 200,000 events annually on behalf of more than 12,000 K-12 schools and colleges, 55 athletic conferences, and 17 state associations across the United States. HomeTown Ticketing provides digital ticketing and event software to schools, districts, conferences, and associations. Nexa Equity is a private equity firm that partners with fintech companies that address markets underserved by technology.
Vlad Besprozvany, managing partner at Nexa Equity, stated, “HomeTown’s platform completely changed the way events are managed by solving a critical pain point for school administrators and event coordinators.” Todd Cramer, a principal at Nexa Equity, added, “We are beyond excited to partner with HomeTown and help them continue to enable their customers to manage events and engage their communities more effectively.”
Weil, Gotshal & Manges LLP and Kirkland & Ellis LLP served as legal counsel to Nexa Equity. Sheppard, Mullin, Richter & Hampton served as legal counsel to HomeTown Ticketing.