Transactions
Proventis Partners successfully raised growth capital for DAIMANI Group
The shareholders of DAIMANI, the first and leading independent global digital platform for VIP Tickets & Experiences, sell a minority stake of the company to PIA Corporation. Although both companies are active in the entertainment ticketing market, the companies’ operations overlap only slightly due to DAIMANI’s focus on the VIP and hospitality sector. Together with the existing shareholders, PIA Corporation will accompany the further expansion plans of DAIMANI. In addition to the capital investment in DAIMANI, the companies agreed to establish a joint venture to further deepen their business relationship and mutually benefit from a strategic partnership in Japan. The purpose of the joint venture is to establish and promote the VIP and Hospitality market in Asia, especially in Japan.