SAN JUAN, PUERTO RICO – April 29, 2021 – EVERTEC, Inc. (NYSE: EVTC) (“EVERTEC” or the “Company”) announced today the sale of Ticketpop to Ticketera, which specializes in online event ticket sales, as part of a strategic move to continue strengthening its focus on offering financial technology in the Puerto Rico and Latin American markets.
“It hasn’t been easy for us to decide to let go of Ticketpop, which has been a source of pride for us given its important role in the entertainment world during the last two decades, becoming one of the leading players in offering electronic ticketing services in Puerto Rico. That said, given our decision, what better than to sell it to Ticketera given that part of its owners were in turn the creators of Ticketpop. This gives us the confidence that the merger between Ticketpop and Ticketera will be successful and that the electronic ticketing business will be in excellent hands,” said Mike Vizcarrondo, executive vice president of Puerto Rico and Caribbean Payment Services at Evertec.
Ricardo Aponte-Yunqué, managing member of Ticketera, said, “with this acquisition, the entertainment offer in Puerto Rico is strengthened, since it will provide a broader and richer range of services for the management of events, both to show promoters and to the general public. Integrating Ticketpop with Ticketera is a great satisfaction, since we will be able to merge two businesses whose success we have seen grow and that have contributed to the progress of entertainment on the island. Today, we welcome all Ticketpop customers to our family and we assure them that they will be well cared-for during this integration.”
Evertec and Ticketera both share the same passion and ability to develop innovative solutions for the entertainment industry in Puerto Rico.
EVERTEC, Inc. (NYSE: EVTC) is a leading full-service transaction processing business in Puerto Rico, the Caribbean, and Latin America, providing a broad range of merchant acquiring, payment processing and business solutions services. The Company manages a system of electronic payment networks that process more than two billion transactions annually and offers a comprehensive suite of services for core bank processing, cash processing and technology outsourcing. In addition, Evertec owns and operates the ATH® network, one of the leading personal identification number (“PIN”) debit networks in Latin America. Based in Puerto Rico, the Company operates in 26 Latin American countries and serves a diversified customer base of leading financial institutions, merchants, corporations and government agencies with “mission-critical” technology solutions. For more information, visit www.evertecinc.com.