Aussie giants TEG have today announced the acquisition of Sydney boutique promoter and events company, Handsome Tours.

The news comes after Handsome, which has brought some huge names to Australia over the last two decades including Bon Iver, Stormzy, Phoebe Bridgers and The National, hit some significant milestones recently including Gang Of Youths' record-breaking 2018 tour and the 2020 ‘Down To Earth – A Bushfire and Climate Fundraiser’ at Melbourne's Sidney Myer Music Bowl which raised over $1.4 million for bushfire relief.

“Time and time again, Handsome Tours have showcased their ability to discover new talent and nurture it from the tiniest of clubs to sold out theatres and arenas," TEG CEO Geoff Jones said.

"The team’s passionate work ethic and artist-first philosophy is the perfect complement to TEG’s integrated model, built on client-first technology solutions and customer-first ticketing services."

Handsome Tours’ executives Mark Dodds and Colin Daniels will remain partners in the new venture, with Dodds to continue as Managing Director while Daniels will work as Executive Director as well as continue as Managing Director of Inertia Music/[PIAS] Australia.

“We couldn’t be more excited to be partnering with TEG to write the next chapter for Handsome Tours,” Dodds said.

“Handsome has always been known for breaking artists but we’re even prouder of our record of contributing to sustained artist careers.

"Belonging to a world-class group like TEG will empower us to speak to more music-lovers in more sophisticated ways than ever before, delivering bigger outcomes for agents, managers and their talent at every point of an act’s journey.”

Founding partners Ashley Sellers, Mathew Everett and Justin Cosby will depart Handsome, while Jones and TEG CFO Sandra Rouse will join as board members.