Posted on

Events group Hyve to sell Ukrainian business in management buy-out

Events group Hyve to sell Ukrainian business in management buy-out

July 19 (Reuters) – British exhibitions group Hyve (HYVE.L) said on Tuesday it is selling its Ukrainian unit to a group led by Anatoly Sushon, the Ukrainian business’ managing director, as events in the country continue to be on hold following Russia’s invasion.

Hyve said it would receive up to 3 million pounds ($3.59 million) from the sale, which will be paid annually until September 2027 based on the Ukrainian operations’ profitability.

($1 = 0.8354 pounds)

Register now for FREE unlimited access to

Reporting by Muhammed Husain in Bengaluru; editing by Uttaresh.V

Our Standards: The Thomson Reuters Trust Principles.

Posted on

Staytuned acquires Evey, a Shopify App that Allows Merchants to Sell Events Directly from their Store

Staytuned acquires Evey, a Shopify App that Allows Merchants to Sell Events Directly from their Store
Staytuned buys Evey Events

Evey is the top app that lets you manage event tickets directly from your Shopify store. It’s extremely easy to use and we’re delighted to welcome this phenomenal app to our Staytuned family. — Navi Hehar, VP Corp Dev, Staytuned

Staytuned, the software company that provides a suite of revenue-growth tools for Shopify merchants, has completed the acquisition of Evey, a Shopify app that provides DTC brands an event toolkit to ensure their events are always a success.

“Upon meeting Jason and Levin, we realized these entrepreneurs had built an incredible application suite that allows merchants like Moonshot Games, Kpop Nite, and 1Picasso100euros to use Shopify to sell live event tickets while owning a direct relationship with their customers. The set-up on Evey is a breeze, nearly any merchant can get this installed, customized, and live in just a few minutes. We are especially proud of applying our streamlined acquisition process—this was one of our fastest acquisitions, taking just four weeks from discussing terms to signing the deal.” said Navi Hehar, VP of Corp Dev at Staytuned.

Staytuned currently serves 19,000+ ecommerce merchants across its portfolio of apps. The mission of the company is to enable merchants to unlock efficient and scalable growth using user-friendly tools—Evey was a clear fit.

“We started Evey after personally hosting an event and hitting many roadblocks with the experience — from complicated set-up to inability to cross-sell our merchandise to taking over 1 month to get paid our ticket sales from our events platform. So, we took this frustration back to our computers and built Evey. Given our depth of knowledge of Shopify, we purpose-built our app to work for Shopify merchants who wanted to set up and sell event tickets within seconds right within the Shopify platform. We’ve been fortunate to work with some incredible brands over the past few years and are very excited to partner with Staytuned to further our mission to enable Shopify merchants across the world to profitably and effortlessly scale their businesses,” said Jason Normore, Founder of Evey (and former director of engineering at Shopify).

Evey started in November of 2013 with the mission to help Shopify merchants sell tickets and manage events right within the Shopify platform. With Evey, you can manage sales, in-person event check-ins, and PDF tickets, for one-time and recurring events (in-person or online).

About Staytuned

Staytuned builds, acquires, and grows Shopify apps that enable ecommerce merchants to grow their business faster and more efficiently. We support our apps with scalable and reliable technology and processes and serve our merchants with empathy, humanity, and respect. Today, over 19,000+ stores are using one or more of our apps to accelerate their business. Got an app to sell? Drop a line!

Share article on social media or email: