Independent live events tech platform Fever said on Thursday it agreed to acquire the U.K. ticketing and discovery platform DICE, according to a press release.
The news comes a day after Fever announced it raised $100 million in a funding round led by L Catterton and Point72.
The tie-up will strengthen Fever’s standing as a global tech entertainment company and will help the 11-year-old DICE scale by giving it access to the 40 countries Fever operates in, the company’s executives said in a statement.
Fever, which operates a discovery platform and media reaching more than 300 million people in 40 countries, says joining forces with DICE will strengthen its global standing while helping DICE to scale. DICE says it has 10 million monthly active fans and ticket sales have doubled in the past two years, according to the press release.
“We are strengthening our position as the leading global tech player for culture & live entertainment,” Fever’s co-founders Ignacio Bachiller, Alexandre Perez and Francisco Hein said in a statement. “We are firm believers that data and technology have the power to elevate the live music experience — making it more accessible, more personalized, and ultimately more impactful for fans, artists, and venues alike.”
Fever, which combines audience insights, ticketing and discovery tools for promoters and venues, was most-recently valued at $1.8 billion in 2023, Music Business Worldwide reported. The company partners with festivals, such as Primavera Sound, Rock in Rio Lisbon and Pitchfork, as well as independent venues like Clapham Grand.
DICE users will be able to continue using the platform “exactly as they are today,” according to the release.
LionTree Advisors LLC served as the financial advisor DICE, and Wilson, Sonsini, Goodrich & Rosati LLP served as their legal counsel. Fever Labs Inc. was advised by Davis Polk & Wardwell LLP and Morrisson & Foerster LLP.
