December 2, 2019
Today we are pleased to announce that FARA has been acquired by Ticketer. Ticketer is the UK’s leading ticketing company, delivering innovative ticketing technology, combined with personalised, responsive support. Ticketer has multiple offices in the UK and has now started its international expansion across the rest of Europe and the Americas.
Ticketer was founded in 2009, with the ambition of revolutionising ticketing, using cloud technology to improve operational performance, whilst simplifying ticketing for operators and their passengers. Ticketer is now the UK’s most widely deployed ticketing systems supplier, with Electronic Ticketing Machines (ETMs) on buses across the UK.
Ørjan Kirkefjord CEO for FARA, comments: “I am delighted that Ticketer has acquired FARA. Their investment in FARA will combine products, skills and market share to create a powerhouse in IT solutions for public transport. We have big ambitions to grow our business, and Ticketer is an ideal partner for this vision.”
FARA and Ticketer both specialise in ticketing and location-based solutions for public transport, and share many similar business attributes. Both companies are leaders in their respective markets and have a strong reputation for industry leading R&D and delivery.
John Clarfelt, Ticketer CEO, comments: “We are thrilled to be investing in FARA and bringing together two leading payment providers in transport. We share the same values, and by virtue of working together, in future we will have significantly wider development capabilities and product portfolios for our customers, both in the UK and across the rest of Europe.”