Ungerboeck and EventBooking, two providers of event and venue management tools, have announced they are to merge.
Manish Chandak of Ungerboeck will serve as president and CEO, and Steve Mackenzie of EventBooking will serve as executive vice president.
The merger has the backing of private equity group Cove Hill Partners. William Blair advised Ungerboeck, and Raymond James advised Cove Hill Partners on the transaction.
Manish Chandak commented: “This is the best way to come out of the pandemic as the industry expects technology-driven efficiencies and new attendee experiences.
“We could not have found a better growth equity firm than Cove Hill Partners as they share our values and mission. Adding EventBooking to this group is the perfect trifecta to accelerate us into the future as the world’s event software.”
Steve Mackenzie added: “Together, we unify our efforts to provide easy-to-learn and powerful products to drive the industry forward, all while we marry the aspects that clients love about each. And, of course, the biggest focus will always be on service and ensuring we continue to set the standard in this area.”
Brad Mayne, CEO of the International Association of Venue Managers (IAVM), said: “IAVM is delighted with the news of this merger. Not only have Ungerboeck and EventBooking been long-standing IAVM members, but they have also contributed immensely to areas such as our education and diversity initiatives that make the lives of industry professionals better.
“I’m looking forward to the innovation and service levels that this merge will bring to our members.”