Ticketplus Ltd. (AMEX:TP), a Latin American (Santiago, Chile-based) live-entertainment technology company, acquired Argentine ticketing company Autoentrada S.A., marking its first acquisition since its August 2026 IPO.
Autoentrada Adds Scale And Local Leaderships
The deal converts Autoentrada from a Ticketplus white-label partner into a full operation in Argentina, giving Ticketplus direct relationships with promoters and greater control over sales, payments, access, and analytics. The financial terms of the deal were not disclosed.
Autoentrada has operated on Ticketplus’s platform since 2019, and its operating metrics are already included in Ticketplus’s platform figures.
The acquisition does not add entirely new ticket volume, but Ticketplus expects to capture a greater share of the value generated by each ticket under the full-operations model.
Ticketplus does not expect the acquisition to have a material impact on consolidated fiscal 2026 financial results.
Expands Ticketplus In Argentina
According to the company, Córdoba-based Autoentrada operates across 18 Argentine provinces and has managed more than 55,000 events and issued over 18 million tickets since 2005.
Operations will initially continue under the Autoentrada brand before progressively adopting the Ticketplus name.
Founder and president Eric López will join Ticketplus as Country Manager for Argentina and continue leading the local team.
“This acquisition is consistent with the strategy we outlined at our IPO: converting proven white-label partners into full operations,” Ticketplus CEO Chien-Fu Chen said.
Ticketplus Builds On August IPO
Ticketplus listed on Aug. 7, 2026, after pricing 1.875 million IPO shares at $8 each. The stock opened at $6.99, according to Benzinga Pro data.
The company later reported quarterly earnings of 21 cents per share, up 110% from 10 cents a year earlier. Sales increased 80.8% to $12.611 million, up from $6.975 million.
The company held $3.8 million in cash and cash equivalents as of June 30, 2026, excluding the net proceeds from the initial public offering received in August 2026.
Roth Capital analyst Eric Handler initiated coverage with a Buy rating and a $14 price target.
Ticketplus operates across 11 countries through full-operations and white-label SaaS models. In 2025, its platform processed more than 10.2 million tickets across more than 39,800 events, generating approximately $269 million in Total Platform Sales.
TP Price Action: Ticketplus closed 1.2% lower at $8.26 on Friday, according to Benzinga Pro data.
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