The transaction was signed on May 20 and remains subject to customary closing conditions and regulatory approvals. iaBilet’s founders will remain involved in the business and are expected to continue contributing to its development, including at board level.
Founded in 2012, iaBilet provides ticketing services for concerts, festivals and other entertainment events across Romania. Resource Partners acquired a majority stake in the company in September 2025, making the sale an exit completed eight months after the initial investment. During this period, iaBilet added several major Romanian festivals to its portfolio and introduced new consumer services, self-service tools for event organizers and additional analytics capabilities.
The acquisition supports PLG Group’s expansion in Central and Eastern Europe and its plans to develop shared ticketing technology across the markets in which it operates. The group is currently active in Estonia, Lithuania, Latvia, the Czech Republic, Slovakia, Poland and Romania.
“We continue to see strong long-term growth potential across the Central and Eastern European ticketing market. Average ticket prices in the region remain approximately two times lower than in Western and Southern Europe today,” said Sven Nuutmann, founder and chairman of PLG Group’s management board.
PLG also plans to continue investing in artificial intelligence-based solutions and common technology infrastructure for event organisers and ticket buyers. Following the completion of the transaction, the group will assess closer operational and technological cooperation between iaBilet and its other Romanian activities.
iaBilet CEO and co-founder Emil Ionescu, COO Razvan Manta and CTO Daniel Cute-Petric will remain with the company following the acquisition.
“This was my dream when I started iaBilet almost 15 years ago: to be part of something big, powerful and results-driven,” Ionescu said. “I am honored to be part of PLG’s dream and to grow it into reality by building a much stronger business together.”
PLG Group’s shareholders include Angel Rose Capital, founded by Sven Nuutmann, Baltic private equity firm BaltCap and Estonian investment company Tristafan. Resource Partners, founded in 2009, has invested more than EUR 500 million through three generations of funds focused on consumer-facing companies in Central and Eastern Europe.