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New Deal


Announced

Vector Capital to acquire Patron Technology.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Acquisition

Friendly

Majority

Digital Services

Private

United States

event technology platform

Single Bidder

Pending

Private Equity

Synopsis

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Vector Capital, a private equity firm specializing in transformational investments in established technology businesses, agreed to acquire Patron Technology, an event technology platform. Financial terms were not disclosed. “With a great set of products, a strong balance sheet, and a management team unparalleled in its industry, Patron is well positioned to grow over the coming years. We look forward to partnering with Marc and his team as they continue to grow from this new position of strength and renewed investment,” Tom Smith, Vector Capital Vice President.

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