“Chris has a wealth of relevant experience from his time at toptable, where he achieved great success. I am sure that he will have a huge impact in leading Ingresso through its next phase of growth.’
London, United Kingdom (PRWEB UK) 17 January 2013
Ingresso Group Ltd (“Ingresso”) is delighted to announce that Chris Wood has joined the company as Chief Executive Officer. Chris has spent the last 8 years as Managing Director of toptable.com, Europe's leading restaurant booking site. Chris joined toptable in 2005 and oversaw the company's expansion and eventual exit to OpenTable Inc. in October 2010. Prior to toptable, Chris was Sales & Marketing Director at Conran Restaurants. He has also held senior roles at Hilton Hotels; and leading marketing agency, Wunderman Cato Johnson.
Roy Merritt, Chairman of Ingresso, said, “Chris has a wealth of relevant experience from his time at toptable, where he achieved great success. I am sure that he will have a huge impact in leading Ingresso through its next phase of growth.’
Chris Wood said, "I am delighted to be joining Ingresso at such an exciting stage in its development. The business model is proven and the benefits are very clear to venues, distribution partners and consumers alike."
Ingresso owns and operates a suite of software that facilitates the distribution of time-and-date-specific tickets to multiple points of sale, benefitting the suppliers and distributors of tickets such as venue and event box offices, ticket agents, tour operators and event producers / promoters.
The appointment follows the successful completion of a Series B financing round by the Company in which existing shareholder Oakfield Capital Partners was joined by Walvis Participaties BV, a sister company of BCD Holdings NV, which has taken a minority stake in the business.
Bart van Schriek – the CEO of BCD Entertainment - will join the Ingresso Board as part of the transaction. He said, "We have been working with Ingresso for several months now, and have been very impressed by the capabilities of their products and people. We believe that the business is very well-positioned to deliver significant cost and efficiency benefits to the fragmented world of events ticketing."
David Pitman, Partner at Oakfield Capital said: “This is an exciting business with the potential to greatly improve ticket distribution. Ingresso has made huge progress since it was formed in 2011, gaining widespread industry acceptance in some key vertical markets, and building strong customer relationships. With new leadership, strong financial backing and many strategic customer relationships, Ingresso is well placed to accelerate its growth plans and reach out to a wider range of industry participants.”
Ingresso is a technology company specialising in connecting product supply to ticket distribution. It owns and operates a middleware platform called TicketSwitch that connects directly to multiple, non-compatible ticketing platforms, allowing low cost distribution of time-and-date-specific tickets. Ingresso was formed in January 2011 with the backing of Oakfield Capital Partners.
About BCD Holdings:
BCD Entertainment is a subsidiary of BCD Holdings, and Walvis Participaties is a sister company of BCD Holdings. BCD was founded in 1975 by John A. Fentener van Vlissingen and is a global market leader in the travel industry. BCD Holdings operates via 7 renowned subsidiaries, with 30 owned operations and partners and affiliates in 95 countries. In 2011 BCD generated US$ 22.1 billion in global sales.
About Oakfield Capital Partners LLP:
Oakfield Capital Partners is a private equity company focused on special situations in the UK. Oakfield makes direct investments in growth companies and works closely with the management teams to turn them into successful businesses. It also provides corporate finance advice and fund-raising assistance.
For further information on Ingresso Group Ltd., please contact Chris Wood:
Tel: 020 3137 7406
For further information on BCD Holdings, please contact Saskia Wildschut:
Tel: +31 20 562 1879
For further information on Oakfield Capital Partners LLP, please contact David Pitman:
Tel: 020 7084 7275