ONEtoONE Corporate Finance is pleased to announce that we have advised our client, ETNAGA (BOL – Bilheteira Online), in its partial sale to a consortium owned by Grupo Impresa (SIC –Sociedade Independente de Comunicação, S.A) and the Fund CREST II – FCR managed by Crest Capital Partners.

ETNAGA (BOL – Bilheteira Online) is one of the main ticketing operators in Portugal, dedicated to selling tickets online for all types of events essentially through its own website, www.bol.pt. The company is the market leader in the number of tickets issued and has partnerships with most of the venues and municipalities in the country, as well as with leading event promoters. BOL provides support in ticket management and commercialization, event promotion, and access control. CREST acquired BOL with SIC and the Management team – a partnership expected to deliver significant synergies to the business. Founded in 1991, BOL is currently managed by Ricardo Nuno and Rita Nuno, son and daughter of the founders, who will continue to manage the business and will retain a relevant equity stake.

The Impresa group is the Portuguese media group with the highest number of television channels broadcasting abroad: 7. SIC Internacional reaches 10 million viewers worldwide through cable, satellite, and IPTV. The channel is broadcast in France, Switzerland, Luxembourg, Belgium, Andorra, United Kingdom, Germany, USA, Canada, Brazil, Australia, Mozambique, South Africa, Angola and Cape Verde. SIC Notícias is present in France, Andorra, Switzerland, Luxembourg, USA, Canada, Mozambique, Angola and Cape Verde. SIC Mulher and SIC K are seen in Angola, Mozambique, and Cape Verde, and SIC Radical, SIC Caras, and Txillo are present in Angola and Mozambique, exclusively in the latter. In total, SIC channels reach 15 countries through 36 operators.

CREST II—FCR is an investment fund managed by Crest Capital Partners. Its cohesive team has been well-established for 20 years and has almost 100 years of combined experience in private equity. The fund has over €300 million in capital under management and has led multiple consolidation, internationalization, and modernization processes in several companies in different sectors of activity.

This transaction has been led by Paulo Soares de Oliveira, Partner of our ONEtoONE Corporate Finance Portugal team.