NEW YORK–(BUSINESS WIRE)–Sports Illustrated Tickets, a fan-first primary and secondary ticketing marketplace, offering access to more than $2.5 billion in sports, concerts and theater inventory worldwide, today announced that it has secured a $50 million credit facility led by Eagle Point Credit Management LLC (“Eagle Point”) and with Feenix Venture Partners.

The credit facility will fuel several strategic priorities for Sports Illustrated Tickets, including expanding its inventory, enhancing customer experience through technology, and deepening partnerships across leagues, teams, and venues.

“Securing this $50 million facility from Feenix Venture Partners and Eagle Point represents more than just capital – it’s a signal that the market shares our passion in what we’re building,” said David Lane, CEO, Sports Illustrated Tickets. “We believe that by combining a trusted 70-year iconic brand, diversified offerings, and deep partnerships with teams and venues, we’re positioned to deliver exceptional value to fans, rights-holders, and investors alike.”

“We are excited to support Sports Illustrated Tickets with capital to accelerate its continued growth,” said Keith Lee, CEO at Feenix Venture Partners. “The company has a very innovative approach to scale its business, is one of the most trusted brands in sports, and has a loyal fan base, all part of a winning combination for long-term success.”

The new financing underscores confidence in Sports Illustrated Tickets’ strategy and long-term vision. It supports the company’s plans to enhance its platform, expand partnerships, and improve the ticket-buying and fan-experience journey.

“Sports Illustrated Tickets is bringing a fresh perspective to live event ticketing – pairing the credibility of an iconic brand with modern data-driven technology that enhances the fan experience in sports leagues and major artist concerts,” said Karan Chabba, Principal and Head of Specialty Finance at Eagle Point. “We’re pleased to provide this capital to help fuel their next phase of growth in expanding inventory and deepening partnerships across leagues and venues.”

About Sports Illustrated Tickets
Sports Illustrated Tickets is a fan-first primary and secondary ticketing marketplace, offering access to more than $2.5 billion in inventory and over 50 million tickets to sports, concerts and theater events worldwide. A proud member of the NFL Ticket Network, Sports Illustrated Tickets is your trusted source for unforgettable live experiences – featuring the same seats, better prices, and a 100% refund guarantee if an event is canceled for any reason. Its primary ticketing platform, Box Office, is an innovative event management and blockchain-based solution that supports both free and paid events of any size. Box Office delivers NFT ticketing alongside traditional tickets, giving event organizers powerful tools and fans a seamless, secure entry experience at the biggest events around the globe. For more information, visit sitickets.com.

About Feenix Venture Partners
Feenix Venture Partners is an alternative investment firm established in 2017 and headquartered in New York City. Feenix provides growth capital through debt and equity to small and medium-sized businesses, primarily in the consumer sector. Feenix is an active investor in food & beverage, hospitality, direct-to-consumer e-commerce, SaaS, and other service businesses.

About Eagle Point Credit Management
Eagle Point® is an investment manager focused on private credit strategies in inefficient markets, including Portfolio Debt Securities, Regulatory Capital Relief transactions, Infrastructure Credit, Strategic Credit investments and CLO securities. Founded by Thomas Majewski in partnership with Stone Point Capital in 2012, Eagle Point manages over $13 billion on behalf of institutional and retail investors and has over 100 professionals. Please visit www.eaglepointcredit.com for more information.

Contacts
Eagle Point
Pro-EaglePoint@prosek.com

Sports Illustrated Tickets – Matt Ciesluk, 704-258-3896;
matt.ciesluk@sportsillustratedtickets.com

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