ETP Europe acquires Pixl Evolution and Audio Evolution
Thursday, 24 October 2019
miscetp-touse(L-R) Les Goldberg (CEO and chairman of ETP), Lee Spencer and Guy Vellacott of pixl evolution and Paul Hutton (president, ETP Europe)
UK - Entertainment Technology Partners Europe (ETP Europe) has acquired UK-based video and audio technology companies Pixl Evolution Limited and Audio Evolution Limited. The two companies will retain their individual identities whilst gaining access to ETP’s resources.
“These are the first two companies to join ETP Europe’s portfolio and are perfectly aligned with our existing brands in the US and our ongoing global strategy,” comments Paul Hutton, ETP Europe president. “Pixl Evolution and Audio Evolution are young businesses that have attracted a wealth of industry talent and have made an impression on the events market in a short amount of time. They will continue to operate as independent companies and now have access to significant investment opportunities plus ETP’s global technical inventory and support structure. This platform will enable the businesses to accelerate their growth and reach a wider audience. It’s an exciting start as we look forward to continued growth of the ETP portfolio of brands in Europe.”
Guy Vellacott, founder and commercial director of Pixl Evolution, adds: “When ETP Europe approached us with the advantages of being part of this group, it was clear to see the amazing opportunity from day one. Having previously worked with Paul and meeting the ETP brand partners in the US, we believe this to be a great fit, both culturally and strategically.”
(Jim Evans)

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