European live music powerhouse Superstruct Entertainment has reportedly acquired Boiler Room, the iconic electronic music livestream platform, from UK-based ticketing company DICE.
The move signals a shift in DICE’s strategic priorities and a new chapter for Boiler Room under Superstruct’s expansive festival and live music umbrella.
DICE originally acquired Boiler Room in 2021 after a $122 million funding round and has since secured over $200 million. News of the ticketing company’s divestment from the brand comes in the wake of a Bloomberg newsletter that claimed its valuation could reach “hundreds of millions of dollars.”
Boiler Room, which has streamed events across 120 markets and amassed over a billion views online, will reportedly maintain its leadership team and distinct identity under Superstruct.
“As we turn 15 and enter our next stage of growth, we’re excited to be partnering with Superstruct for this chapter,” Boiler Room founder Blaise Bellville said. “We feel in good company with their roster of brands, they offer us new opportunities to grow, whilst understanding the importance of staying true to the authenticity that, at its core, is what makes Boiler Room special.”
For Superstruct, the acquisition follows its own buyout by private-equity giant KKR in a €1.3 billion deal last year. The deal underscores the company’s ambitions to expand its influence in electronic music culture by leveraging Boiler Room’s community-driven ethos.
“We are proud to welcome the talented team at Boiler Room, who have managed to consistently grow the platform over the last 15 years whilst maintaining a distinct cultural approach,” added Superstruct CEO Roderik Schlösser. “This partnership perfectly aligns with Superstruct’s mission to celebrate and amplify cultures through creativity, collaboration, and live entertainment. Boiler Room is in the best position it has ever been and we are excited to support them in their promising future ahead.”
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