Parcom Capital Acquires Majority Interest in Joop van den Ende's Ticketing Company

Parcom Capital Acquires Majority Interest in Joop van den Ende's Ticketing Company

AMSTERDAM, September 22/PRNewswire/ --

- See Tickets International: Largest Independent Ticketing Organisation
in Europe

Joop van den Ende's theatrical production company Stage Entertainment and
Parcom Capital, a subsidiary of the ING Group, concluded a transaction today
that gives Parcom Capital a majority interest in the international ticketing
company of Stage Entertainment. The company will henceforth operate under the
name See Tickets International and will be the largest independent ticketing
company in Europe. Both companies announced this news today.

With a staff of over 900 working all mayor European countries, See
Tickets International handles ticket sales and marketing services for
theatrical productions, rock and pop concerts, sports, dance and other events
and exhibitions, offering a full set of services including retail, wholesale,
venue software and access control systems

Earlier this year, the ticketing organisation acquired the UK ticketing
company See Tickets, which has clients such as Sir Andrew Lloyd Webber's
Really Useful Group, all the major rock and pop promoters and exhibition
organisers in the UK. See Tickets International incorporates the brands
TopTicketLine in the Netherlands, Spain and France, See Tickets in England,
Ticket Online in the Netherlands, Germany, Poland and Austria and Sherpa.be
in Belgium.

The annual sales of the company are over 40 million admission tickets,
ensuring that it is one of the top 3 ticketing companies in the world.

The worldwide ticketing sector is increasingly dominated by a small
number of large players. Due to its newly attained independent status and the
support of Parcom Capital, See Tickets International can further build its
position on an international scale by means of acquisitions, mergers and
organic growth. The company predicts further growth in ticket sales for major
international events like the 2009 World Championships in Athletics in
Berlin.

Bart van Schriek, the new CEO of See Tickets International: "The entire
management team has committed itself to the company for the long term. We
look forward to offering our thousands of clients maximum support to enable
them to sell tickets and promote their events to the public.

Henk Kivits, CEO of Stage Entertainment: "Stage Entertainment will keep a
minority interest in See Tickets International and will consequently stay
involved as a shareholder. In addition, the existing client relationships in
the various European countries in which See Tickets International and Stage
Entertainment are active have been secured in long-term agreements. The new
situation brings the ticketing company in the position where it can further
exploit its growth opportunities."

Erik Westerink, CEO of Parcom: "The ticketing business is going through a
phase of rapid change. We see excellent opportunities for further building
out See Tickets International as an independent ticketing organisation, both
within and in due course beyond Europe."

Established in Parcom Capital is a pan-European investment firm that
invests in midmarket private and public equity. With over 2 billion of
capital Parcom has a longer term investment horizon focussed on helping
management teams realize their growth ambitions. With offices in Amsterdam,
Paris and Munich and through our partners Duke Street Capital and Ergon
Capital Partners, we have been able to invest in over 250 companies across
The Netherlands, Belgium, France, Switzerland, Germany, Spain, Italy and the
United Kingdom. Together with our partners funds we cover all stages of
investment cycle, ranging from early stage venture capital to expansion
capital, buy outs and quoted small/mid cap companies. Parcom has been a 100%
subsidiary of ING Group since 1993.

Source: Stage Entertainment

For further information: See Tickets International/Parcom/ Stage Entertainment, Maarten van Nispen T +31-20-3052-243; M +31-6-2013-0790;, E communication@seetickets.com

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