Kustom Entertainment, Inc. entered into a Unit Purchase Agreement on August 31, 2026, to acquire 100% of TFL, LLC (dba Tickets For Less) for aggregate consideration of $89.6 million in cash and $22.4 million in restricted common stock. The company will also repay $35.0 million of TFL’s outstanding indebtedness at closing. Transaction terms include a $11.2 million holdback of shares contingent on achieving specified Target EBITDA through calendar year 2027, with an outside date for closing set for October 15, 2026. The acquisition is expected to be immediately accretive to revenue and earnings, combining Kustom’s festival production with TFL’s ticketing technology platform. Kustom Entertainment operates in the live entertainment industry, specializing in large-scale music festival production and event management.
