LOS ANGELES (CelebrityAccess) — Ticketing services company Vendini announced that it has acquired CrowdTorch, a consumer facing white label ticketing and live event platform previously owned by Cvent (CVT).
The CrowdTorch ticketing platform will remain intact and will continue to operate and be supported by Vendini. The engineering and support teams at Crowdtorch will also remain in place following the acquisition.
"There are companies who are eating, and there are companies who are being eaten," said Vendini CRO, Keith Goldberg. "We wanted to purchase what we believe to be a best-of-breed solution, especially one with technologies and a culture that aligns with the Vendini brand and vision. We found that in CrowdTorch." – Staff Writers