Latest News

Back to Latest News back


Geoff Jones outlines TEG’s international growth plans

Geoff Jones outlines TEG’s international growth plans
October 9, 2019

Entertainment and ticketing leader TEG is looking at expanding in Asia and the UK following its acquisition by US-based investor Silver Lake Partners.

At a media briefing in Sydney, TEG Chief Executive Geoff Jones outlined the company’s plans that will be driven by its new owner’s funding and technology network, advising that its Ticketek ticketing agency will open in the UK in early 2020.

TEG currently operates as the exclusive ticketing provider for over 135 venue and promoter clients and delivers 30 million tickets annually for over 30,000 events spanning live sport, concerts, theatre, festivals and exhibitions across more than 13 countries.

TEG’s sale which, according to media reports valued the business at more than $1 billion, is expected to be approved by regulatory authorities by the end of the year.

Commenting on the expansion of Ticketek, Jones explained “Ticketek is currently in Australia and New Zealand.

“We’re now operating in Singapore, Malaysia and the Philippines, where we own the businesses in all those places.”

Speaking of the UK, he advised “it’s an interesting market. It’s what we call an allocations market, there are no barriers to entry there at all.

“We will take a careful approach, we’ll go in there cautiously and build a solid base.

“We’ve already sold a couple of million tickets in the UK from our exhibition and family content.”

Having acquired UK-based event promoter and venue operator The MJR Group in August, Jones said TEG’s focus would more likely be away from the stadia and large-scale arena.

He noted “we’re open to venue opportunities but not at the stadium or arena scale. We like the size and the mix of the MJR venues (and) we’re also used to working with different types of content - family shows, esports, conferences - not just live music.

“The MJR Group is a great fit for TEG. It has strong management talent and a clever live entertainment model to which TEG can add ticketing, analytics and digital capability. The MJR Group also brings significant additions to our venue portfolio.”

TEG’s new owners - Silver Lake Partners - is a leading technology investor with some over US$43 billion in combined assets including businesses in sport and entertainment. It has stakes in China’s AliBaba; Learfield-IMG (the leading US collegiate sports rights marketing group); Fanatics (an online sports team merchandising platform); AMC (the largest global cinema chain); Endeavour (which provides athlete representation); and Oak View Group (the venue operator and North American arena alliance).

It also has stakes in Madison Square Garden and UFC.

While Jones sees that the new ownership will make the business more agile in making future acquisitions he plays down the linking of business activities across Silver Lake’s portfolio, commenting stating “we will grow our own way … tread our own path.”

Beyond entering the UK market he also advises that an expansion into Europe is at a “preliminary discussion” stage.

The global expansion will work around TEG’s “integrated model” which has proven to work well in Australia and New Zealand.

He explained “we want to be a good content business company, we think we already are but we can certainly continue to grow that.

“We’ve got a very strong, globally well-known ticketing brand in Ticketek, which we want to expand into different territories and we’ll do the same thing.

“And we’ve got a strong digital and data analytics capability that we think is also something that we can easily transport into new territories.”

With Ticketek already active in across Asia, it is looking at moves into Hong Kong and India, and expanding music, exhibitions and sport through the region.

This week, TEG Live is promoting two football friendly matches involving the Brazil national team in Singapore.

In Australia, it’s “business as usual” for TEG Dainty and TEG Live and even though the company owns Qudos Bank Arena in Sydney, there are currently no plans to expand further into venue management.

As for its outgoing owners, TEG’s reported sale price will see Affinity Equity Partners Pte Ltd return 2.6 times its original investment.

Images: Geoff Jones (top, courtesy of TEG), Jones with Dan Ickowitz-Seidler and Richard Buck at the announcement of TEG's acquisition of The MJR Group (middle) and Ticketek contactless tickets at Suncorp Stadium (below).

Related Articles

4th October 2019 - Owners sell TEG to technology investors

20th September 2019 - TEG Insights launches advertising data and insights platform

19th September 2019 - TEG unveils new experiences content division

17th September 2019 - Music promoters back potential Gold Coast indoor entertainment arena

27th August 2019 - TEG reveals European expansion with the acquisition of The MJR Group

1st July 2019 - TEG appoints new Head of Digital

22nd May 2019 - Ticketek to launch contactless tickets on iPhone and Apple Watch at Suncorp Stadium

11th April 2019 - TEG awarded Ticketing Business of the Year 

7th February 2019 - TEG entertainment fills Melbourne Park venues

25th January 2019 - TEG restructures for new era of ticketing and technology

18th December 2018 - TEG adds Philippines firm to ticketing stable

16th November 2018 - Ticketek Marketplace offers ethical ticket exchange for Australian consumers

3rd July 2018 - Ticketek partners with ECAL’s ‘Sync to Calendar’ technology

25th September 2017 - Partnership sees TEG enter Chinese ticketing market

22nd September 2017 - TEG owner looks at potential sale

13th September 2017 - Ticketek looks to enhance customer experiences through technology

27th January 2011 - Geoff Jones Returns to Nine Entertainment Co.

Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

Click here to subscribe.


supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all


Digonex is a leading provider of customised dynamic pricing solutions to clients in arts and entertainment, sport, attractions, cultural institutions and retail sectors. Digonex’s technology is…

read more

Attractions / Entertainment / Sport / Technology / Ticketing


TJS Services

TJS Services is a leading national facility services provider. We deliver quality cleaning, maintenance, construction and facility management services to over 1,500 sites Australia wide.  Our…

read more

Hospitality / Retail / Venues



Quayclean are a national cleaning and waste services partner with proven results in the understanding and delivery of cleaning needs and challenges faced by facilities including; major venues and…

read more

Aquatics / Hospitality / Surfaces / Venues



Hidroplay welcomes you to the exciting world of children's Playscapes, waterslide's and Water Attractions. Appealing to families, Hidroplay increases patronage in your facility during those…

read more

Aquatics / Play / Recreation



Aerobic Microphones Australia provides audio products for the fitness industry. Products include the sweat resistant Cyclemic and Aeromic headworn microphones and pouchbelts that are made in…

read more

Fitness / Technology



Mattioli provides award winning painting, flooring and waterproofing services to the aquatics and recreation sector. We’re recognised as the leading contractor in the industry with award-winning…

read more

Aquatics / Recreation / Safety



Developed in Europe, this innovative system offers a safety management solution for swimming pools that checks individual swimmers via their wristband - monitoring their depth and time. Sensors…

read more

Aquatics / Hospitality / Safety / Technology / Waterparks



Lander & Rogers' Sports Business Group is the leading sports law practice in Australia, representing over 150 national and international sporting bodies. Our clients include international…

read more



get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business