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Birmingham Post

Technology

Jon Robinson

How two friends went from helping Glastonbury sell tickets to securing multi-million pound pay day

Mercia Glastonbury Co LDC Nisa Pets at Home

A company that was founded by two friends who had just helped Glastonbury sell tickets online has been sold for £14.5m.

Manchester-based Intechnica Holdings was established by Jeremy Gidlow and Andy Still in 2006 a year after building a web platform for the UK's largest music and arts festival.

The business, which has been backed by private equity firm Mercia since December 2013, has now been snapped up by US-based Crosslake Technologies.

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