At a Glance
- Tasks: Support TicketSellers through their exciting acquisition journey with Citizen Ticket.
- Company: Join a leading ticketing platform known for major festivals like Glastonbury.
- Benefits: Gain valuable experience in corporate law and work with industry experts.
- Other info: Opportunity for growth and learning in a fast-paced environment.
- Why this job: Be part of a dynamic team driving innovation in the ticketing industry.
- Qualifications: Interest in corporate law and strong communication skills.
The predicted salary is between 36000 - 60000 £ per year.
Reflecting a well-planned and executed strategy, leading ticketing and event management platforms, TicketSellers and its subsidiary Eventree were acquired by Citizen Ticket in a multiple seven-figure deal. TicketSellers, known for servicing major festivals such as Glastonbury, Shambala, and Nozstock, decided to explore the prospect of a sale within 3-5 years. To achieve this goal, its directors brought on Phil Hayes as Chief Executive Officer, who initiated the sales process by engaging with various investment firms and brokers – it was during this process that Citizen Ticket, also a premium ticketing and booking platform, recognised an opportunity to expand its offering and approached them about buying the company. Both teams instantly clicked, and TicketSellers and Eventree were subsequently acquired by Citizen Ticket in April 2024.
Like most businesses looking to sell, TicketSellers needed trusted legal advisors with seller experience by their side. They turned to Matt Shakesheff, Partner in our Corporate Team along with Senior Corporate Solicitor, Jenni Ferguson, who guided them through every step of the acquisition process, including:
- Preparation and Due Diligence: We conducted thorough due diligence, prepared all necessary legal documentation, and ensured TicketSellers were sale-ready.
- Share Purchase Agreement: We crafted a water-tight share purchase agreement, ensuring all terms were clearly defined and in the best interest of TicketSellers.
- Consideration Shares: Since part of the price was paid via consideration shares in Citizen Ticket, we advised on terms relating to these shares, protecting TicketSellers as minority shareholders.
In addition to acquisition support, Ian Fraser, Partner in our Employee Share Schemes Team, assisted TicketSellers with growth share plans to incentivise and reward their staff.
Commenting on what it was like working with our team, Phil Hayes, CEO, adds: I really appreciated that they were both quick on their feet when it came to presenting documents to the other side. Jenni was great at explaining the implications and highlighting risk factors of various technical aspects in a clear and concise manner. It was clear that Matt, Jenni and Ian were there to protect our best interests from day one.
Now, post-acquisition, Phil and the TicketSellers team are focused on integrating services with Citizen Ticket and exploring international expansion for Eventree. The directors of TicketSellers will transition to new roles within Citizen Ticket, leveraging their expertise to drive the combined company's growth and innovation. The collaboration will foster innovation and improve the overall customer experience.
Phil emphasises the importance of finding a law firm that understands your business and long-term goals. This relationship is crucial for saving time and money and ensuring your best interests are protected throughout the acquisition process. He advises: When you’re looking for a law firm that’s going to be representing you, make sure you gel with them. It’s really important that they have a thorough understanding of what your business does, and what you’re trying to achieve – in the long-term, it’ll save you time and money. Also, it’s essential that before you kickstart a process of this kind, you know what you want to get out of the deal, whether that’s understanding that you want to take a step back from your business or being prepared to work with the new owners of your business. It’s about identifying whether the risk outweighs the reward. Harper James helped us with all of this and more.
A ticket to success: Guiding TicketSellers through their acquisition by Citizen Ticket in Cardiff employer: Harperjames
At TicketSellers, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. Our team members benefit from unique growth opportunities, especially in the exciting context of our recent acquisition by Citizen Ticket, which opens doors for international expansion and professional development. Join us to be part of a passionate team that values your contributions and supports your career journey in the vibrant ticketing and event management industry.
StudySmarter Expert Advice🤫
We think this is how you could land A ticket to success: Guiding TicketSellers through their acquisition by Citizen Ticket in Cardiff
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy about reaching out to folks on LinkedIn. You never know who might have the inside scoop on job openings or can refer you to someone looking for your skills.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with yours. When you walk into that interview, show them you’re not just another candidate – you’re the perfect fit for their team!
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or family to get comfortable with common questions. The more you practice, the more confident you’ll feel when it’s time to shine in front of the real interviewers.
✨Tip Number 4
Don’t forget to follow up after your interviews! A quick thank-you email can go a long way in keeping you top of mind. Plus, it shows you’re genuinely interested in the position and appreciate the opportunity to interview.
We think you need these skills to ace A ticket to success: Guiding TicketSellers through their acquisition by Citizen Ticket in Cardiff
Some tips for your application 🫡
Be Authentic:When you're writing your application, let your personality shine through! We want to see the real you, so don’t be afraid to show your passion for the role and what makes you tick.
Tailor Your Application:Make sure to customise your application for the specific role. Highlight your relevant experience and skills that align with what we’re looking for. It shows us you’ve done your homework and are genuinely interested!
Keep It Clear and Concise:We appreciate a well-structured application. Keep your sentences clear and to the point. Avoid jargon unless it’s relevant, and make sure your key points stand out. We want to get to know you without wading through fluff!
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Harperjames
✨Know Your Stuff
Before the interview, make sure you research both TicketSellers and Citizen Ticket. Understand their business models, recent acquisitions, and how they operate in the ticketing industry. This knowledge will help you answer questions confidently and show that you're genuinely interested in the role.
✨Showcase Your Experience
Prepare to discuss your previous experiences that relate to the job. Think about specific examples where you've successfully navigated challenges similar to those faced during acquisitions or integrations. Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly.
✨Ask Insightful Questions
Interviews are a two-way street! Prepare thoughtful questions about the company's future plans, especially regarding the integration of TicketSellers and Citizen Ticket. This shows that you're not just interested in the position but also in the company's direction and your potential role in it.
✨Be Yourself
While it's important to be professional, don't forget to let your personality shine through. The team at TicketSellers values collaboration and innovation, so showing your enthusiasm and how you can contribute to their culture will make a lasting impression.
