Superstruct Entertainment, recently acquired by KKR, has purchased London-based concert broadcaster Boiler Room from DICE for an undisclosed amount. This acquisition continues the significant reshaping of Europe's live entertainment landscape in recent months.

Boiler Room, founded 15 years ago, has built an impressive archive of over 8,000 performances featuring more than 5,000 artists across 200 cities. Their YouTube content has accumulated 1.56 billion views, demonstrating their significant impact on the dance music scene.

Key details of the acquisition:

• DICE will continue providing ticketing services for Boiler Room
• Blaise Bellville will remain as Boiler Room's CEO
• Superstruct values Boiler Room's "distinct cultural approach"

This transaction follows several major developments in the European live events sector:

• KKR's acquisition of Superstruct from Providence Equity Partners (June 2024)
• CVC's minority investment in Superstruct
• CTS Eventim's purchase of See Tickets from Vivendi
• CTS Eventim's majority stake acquisition in France Billet (December 2024)

The deal reflects the ongoing consolidation in the European live entertainment market, with major players strategically positioning themselves through acquisitions and partnerships. The industry continues to evolve as companies seek to strengthen their market presence and expand their service offerings.

The transaction's timing is particularly notable, as DICE had reportedly been exploring a sale during the summer of 2024, though no further announcements regarding DICE's potential sale have emerged.

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