AXS Acquires Majority Stake in Event-Tech Company WRSTBND
April 17 2024 - 1:00PM
Business Wire
Ticketing leader, AXS, to supercharge global
platform by acquiring majority stake in event-technology solution,
making it easier than ever to enjoy festivals and events.
AXS, a global leader in ticketing, today announced the
acquisition of majority stake in WRSTBND, a leading provider of
access control, credentialing, and point-of-sale solutions for live
events and venues. This investment expands AXS’ commitment to
enhancing the onsite fan experience, streamlining entry and exit
procedures, making payments more frictionless, and creating
unforgettable, personalized experiences for attendees.
A provider for major events across the country, WRSTBND will
utilize the investment to significantly grow their capabilities and
offerings to clients. Integrating AXS Mobile ID technology with
WRSTBND’s ecosystem will allow AXS clients and partners to reap the
benefits of rapid iteration and the release of new features,
further integrating point-of-sale, credentialing, sponsorship, and
loyalty programs.
Conway Solomon, Co-founder, and CEO, along with Jonathan
Foucheaux, Co-founder, and CTO, expressed excitement about the
partnership's potential, reaffirming their commitment to leading
WRSTBND and continuing to grow the brand. "From the very beginning,
the AXS team shared our vision for how WRSTBND could be integrated
and utilized for festivals and events all across the world.
Together, with the help of their resources and our technology, we
will continue to push boundaries to develop and implement
unparalleled solutions for our clients and their patrons."
“WRSTBND has established itself as one of the rising stars
within the live event access control and credential management
business, solving some of the most high-profile and complicated
problems for the Super Bowl, US Open, and the NFL Draft,” continued
Marc Ruxin, AXS Chief Strategy Officer. “Their hardware and
software technology combined with the scale of AXS’ premier
festivals and live event clients, including Coachella, New Orleans
Jazz & Heritage Fest, and Hyde Park BST will create the most
seamless and cutting-edge access and payment solutions available
anywhere.”
About AXS
AXS is a global ticketing platform, offering best-in-class
ticketing, marketing, and data technology in a single platform to
suit every client size and type, from the most intimate music clubs
to world championship sporting events. As the ticketing partner for
over 500 premier venues, sports teams, and event organizers across
North America, Europe, Asia, Australia, and New Zealand, AXS powers
both primary and resale marketplaces, leveraging integrated
technology and analytics to enable our partners to sell the right
ticket to the right fan at the right price. Clients include USGA,
Red Rocks Amphitheatre, Crypto.com Arena, Coachella, Stagecoach,
Stockholm Live, The O2, and B. League (Japan). Learn more at
axs.com.
About WRSTBND
From nationwide music festivals to global sporting events,
WRSTBND is a leading partner for seamless event technology. WRSTBND
was born out of a think tank of tech engineers and event producers
to bridge every operational aspect of events. WRSTBND has created a
technology ecosystem that connects the dots on myriad aspects of an
event. We’re pioneering integrated RFID and NFC scanning hardware,
edge computing, real-time mobile transactions, and backend
processes – each with the ability to be customized to specific
event needs and goals. Our team is trusted by industry leaders and
events such as the USGA, PGA TOUR, NFL, MLS, Relentless Beats, and
Southern Entertainment. www.wrstbnd.com
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Candace Cunningham ccunningham@axs.com