Events.com Acquires Citifyd, Revolutionizing Event Planning with Seamless Parking Solutions
Events.com has announced the strategic acquisition of Citifyd, a technology provider specializing in urban and event parking solutions. The integration aims to streamline event management by combining parking and ticketing services into one platform.
The acquisition enables event organizers to enhance efficiency, generate new revenue streams, and gain comprehensive insights through synchronized parking and ticketing data. Event attendees can pre-purchase parking through a mobile app or during the ticketing process on Events.com.
This move comes as Events.com prepares for its public debut through a business combination with Concord Acquisition Corp. II (OTCQX: CNDA), expected to close in 2025. The integration allows for standalone parking solutions or full platform integration, providing organizers with actionable insights into attendee preferences and enabling personalized experiences.
Events.com ha annunciato l'acquisizione strategica di Citifyd, un fornitore di tecnologia specializzato in soluzioni per il parcheggio urbano e per eventi. L'integrazione mira a semplificare la gestione degli eventi combinando i servizi di parcheggio e biglietteria in un'unica piattaforma.
L'acquisizione consente agli organizzatori di eventi di migliorare l'efficienza, generare nuove fonti di reddito e ottenere approfondimenti completi attraverso dati di parcheggio e biglietteria sincronizzati. I partecipanti agli eventi possono pre-acquistare il parcheggio tramite un'app mobile o durante il processo di biglietteria su Events.com.
Questa mossa arriva mentre Events.com si prepara per il suo debutto pubblico attraverso una combinazione aziendale con Concord Acquisition Corp. II (OTCQX: CNDA), previsto per il 2025. L'integrazione consente soluzioni di parcheggio autonome o un'integrazione completa della piattaforma, fornendo agli organizzatori approfondimenti utili sulle preferenze dei partecipanti e permettendo esperienze personalizzate.
Events.com ha anunciado la adquisición estratégica de Citifyd, un proveedor de tecnología especializado en soluciones de estacionamiento urbano y para eventos. La integración tiene como objetivo simplificar la gestión de eventos al combinar los servicios de estacionamiento y venta de entradas en una sola plataforma.
La adquisición permite a los organizadores de eventos mejorar la eficiencia, generar nuevas fuentes de ingresos y obtener información completa a través de datos sincronizados de estacionamiento y venta de entradas. Los asistentes a los eventos pueden pre-comprar estacionamiento a través de una aplicación móvil o durante el proceso de venta de entradas en Events.com.
Este movimiento se produce mientras Events.com se prepara para su debut público a través de una combinación empresarial con Concord Acquisition Corp. II (OTCQX: CNDA), que se espera cierre en 2025. La integración permite soluciones de estacionamiento independientes o una integración completa de la plataforma, proporcionando a los organizadores información útil sobre las preferencias de los asistentes y permitiendo experiencias personalizadas.
Events.com는 도시 및 이벤트 주차 솔루션을 전문으로 하는 기술 제공업체 Citifyd의 전략적 인수를 발표했습니다. 이 통합은 주차 및 티켓 서비스를 하나의 플랫폼으로 결합하여 이벤트 관리를 간소화하는 것을 목표로 하고 있습니다.
이번 인수는 이벤트 주최자들이 효율성을 높이고 새로운 수익원을 창출하며, 동기화된 주차 및 티켓 데이터로 포괄적인 통찰력을 얻을 수 있게 합니다. 이벤트 참석자들은 모바일 앱을 통해 또는 Events.com에서 티켓 구매 과정 중에 주차를 사전 구매할 수 있습니다.
이러한 움직임은 Events.com이 Concord Acquisition Corp. II (OTCQX: CNDA)와의 사업 조합을 통해 공개 데뷔를 준비하는 가운데 이루어졌으며, 이는 2025년에 마감될 것으로 예상됩니다. 이 통합은 독립적인 주차 솔루션 또는 전체 플랫폼 통합을 가능하게 하여 주최자에게 참석자 선호에 대한 실행 가능한 통찰력을 제공하고 개인화된 경험을 가능하게 합니다.
Events.com a annoncé l'acquisition stratégique de Citifyd, un fournisseur de technologie spécialisé dans les solutions de stationnement urbain et pour événements. L'intégration vise à simplifier la gestion des événements en combinant les services de stationnement et de billetterie sur une seule plateforme.
L'acquisition permet aux organisateurs d'événements d'améliorer l'efficacité, de générer de nouvelles sources de revenus et d'obtenir des informations complètes grâce à des données de stationnement et de billetterie synchronisées. Les participants aux événements peuvent pré-acheter un stationnement via une application mobile ou lors du processus de billetterie sur Events.com.
Ce mouvement intervient alors qu'Events.com se prépare pour son lancement public à travers une combinaison d'entreprise avec Concord Acquisition Corp. II (OTCQX: CNDA), qui devrait se conclure en 2025. L'intégration permet des solutions de stationnement autonomes ou une intégration complète de la plateforme, fournissant aux organisateurs des informations exploitables sur les préférences des participants et permettant des expériences personnalisées.
Events.com hat die strategische Übernahme von Citifyd angekündigt, einem Technologieanbieter, der auf städtische und Event-Parklösungen spezialisiert ist. Die Integration zielt darauf ab, das Event-Management zu optimieren, indem Park- und Ticketing-Dienste auf einer einzigen Plattform zusammengeführt werden.
Die Übernahme ermöglicht es Veranstaltern, die Effizienz zu steigern, neue Einnahmequellen zu generieren und umfassende Einblicke durch synchronisierte Park- und Ticketdaten zu gewinnen. Veranstaltungsteilnehmer können Parkplätze über eine mobile App oder während des Ticketkaufs auf Events.com im Voraus erwerben.
Dieser Schritt erfolgt, während sich Events.com auf sein öffentliches Debüt durch eine Unternehmenszusammenlegung mit Concord Acquisition Corp. II (OTCQX: CNDA) vorbereitet, die voraussichtlich 2025 abgeschlossen wird. Die Integration ermöglicht eigenständige Parklösungen oder eine vollständige Plattformintegration, wodurch Veranstaltern umsetzbare Einblicke in die Vorlieben der Teilnehmer gegeben werden und personalisierte Erlebnisse ermöglicht werden.
- Strategic acquisition expands service offerings and revenue streams
- Integration provides valuable data analytics and insights
- Technology backed by robust patent portfolio
- Flexibility to offer standalone parking solutions or full platform integration
- Merger completion with CNDA subject to closing conditions
- Integration costs and timeline not disclosed
- Potential implementation challenges in combining different technology platforms
Boosts Organizer Efficiency and Revenue While Providing Event Goer with Simplified Digital Parking
This technology allows Events.com to simplify fragmented parking systems, allowing event goers to pre-purchase parking through a user-friendly mobile app while delivering real-time analytics to event creators and venue operators for optimized traffic flow and space management.
Citifyd built a robust patent portfolio that complements Events.com's mission to equip event creators worldwide with a robust, all-in-one platform to craft, promote, and execute unforgettable experiences. Event goers can download the Citifyd app to browse and secure parking options—from driveways to garages—before an event or add parking directly within the Events.com ticketing process for added convenience.
"Acquiring Citifyd fits our plan to bring all event production tools onto one easy platform," said Stephen Partridge, Co-Founder, President and COO of Events.com. "Their smart parking and transit solutions help us give event creators what they need for great events, while their city-focused tech strengthens our ability to support local businesses and meet new travel trends."
With Citifyd's integration, Events.com expands its reach across the event lifecycle, offering deeper support to event creators and venues. The parking solution can be seamlessly woven into Events.com's comprehensive platform or used standalone by those who don't require its full suite of services. By linking ticketing and parking data, organizers gain actionable insights into event goer preferences, enabling tailored promotions and personalized experiences. Citifyd's expertise in smart mobility further aligns with Events.com's vision of making events more accessible and efficient through technology.
"We're thrilled to join forces with Events.com and bring our global team's mobility expertise to a platform that prioritizes innovation and customer satisfaction," said Sohrab Vossoughi, co-founder and CEO of Citifyd. "This will help redefine the event landscape, driving growth for organizers, simplifying parking, and unlocking new revenue opportunities, all while creating a more connected and accessible event ecosystem."
This acquisition also comes at a critical juncture for Events.com as it prepares for its public debut following its previously announced business combination with Concord Acquisition Corp. II (OTCQX: CNDA), a publicly traded special purpose acquisition company, which is expected to close in 2025, subject to the satisfaction or waiver of customary closing conditions.
For more information about Events.com, please visit https://events.com.
About Events.com
Events.com powers a two-sided marketplace and platform that helps passionate individuals create, promote, discover, and enjoy events. Events.com's platform helps event organizers seamlessly execute their events and allows event goers to discover, interact, and transact with the events they love. The Company offers a robust ecosystem that supports millions of event creators worldwide, catering to various interests. From the prestigious All-In Summit, the world's leading podcast for business, technology, and investing, to the exclusive Club Getaway featured on Bravo, the event calendar on NewYork.com, the transformative Archangel Summit, and movie experiences at the iconic Mayfair Theatre in Ottawa—Events.com technology is the driving force behind unforgettable moments worldwide.
For more details, visit events.com.
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Important Information for Investors and Shareholders
In connection with the Proposed Business Combination, CNDA intends to file with the SEC the Registration Statement, which will include a prospectus with respect to PubCo's securities to be issued in connection with the Proposed Business Combination and a proxy statement to be distributed to holders of CNDA's common stock in connection with CNDA's solicitation of proxies for the vote by CNDA's stockholders with respect to the Proposed Business Combination and other matters to be described in the Registration Statement (the "Proxy Statement"). After the SEC declares the Registration Statement effective, CNDA plans to file the definitive Proxy Statement with the SEC and to mail copies to stockholders of CNDA as of a record date to be established for voting on the Proposed Business Combination. This press release does not contain all the information that should be considered concerning the Proposed Business Combination and is not a substitute for the Registration Statement, Proxy Statement or for any other document that PubCo or CNDA may file with the SEC. Before making any investment or voting decision, investors and security holders of CNDA and Events.com are urged to read the Registration Statement and the Proxy Statement, and any amendments or supplements thereto, as well as all other relevant materials filed or that will be filed with the SEC in connection with the Proposed Business Combination as they become available because they will contain important information about, Events.com, CNDA, PubCo and the Proposed Business Combination.
Investors and security holders will be able to obtain free copies of the Registration Statement, the Proxy Statement and all other relevant documents filed or that will be filed with the SEC by PubCo and CNDA through the website maintained by the SEC at www.sec.gov. In addition, the documents filed by PubCo and CNDA may be obtained free of charge from CNDA's website at cnda.concordacquisitioncorp.com or by directing a request to Jeff Tuder, Chief Executive Office, 477 Madison Avenue
Participants in the Solicitation
Events.com, CNDA, PubCo and their respective directors, executive officers and other members of management and employees may, under the rules of the SEC, be deemed to be participants in the solicitations of proxies from CNDA's stockholders in connection with the Proposed Business Combination. For more information about the names, affiliations and interests of CNDA's directors and executive officers, please refer to CNDA's annual report on Form 10-K filed with the SEC on March 1, 2024, and Registration Statement, Proxy Statement and other relevant materials filed with the SEC in connection with the Proposed Business Combination when they become available. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, which may, in some cases, be different than those of CNDA's stockholders generally, will be included in the Registration Statement and the Proxy Statement, when they become available. Stockholders, potential investors and other interested persons should read the Registration Statement and the Proxy Statement carefully, when they become available, before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above.
No Offer or Solicitation
This document shall not constitute a "solicitation" as defined in Section 14 of the Securities Exchange Act of 1934, as amended. This document shall not constitute an offer to sell or exchange, the solicitation of an offer to buy or a recommendation to purchase, any securities, or a solicitation of any vote, consent or approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale may be unlawful under the laws of such jurisdiction. No offering of securities in the Proposed Business Combination shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended, or an exemption therefrom.
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SOURCE Events.com
FAQ
What are the key benefits of Events.com's acquisition of Citifyd for event organizers?
How will the Citifyd integration affect Events.com's CNDA stock performance post-merger?
When is Events.com's merger with Concord Acquisition Corp. II (CNDA) expected to complete?
What new features will event attendees get from the Events.com-Citifyd integration?
How can venues utilize the Citifyd parking technology through Events.com?
