Ticketer PatronManager now has a different name and an acquisition to add to its roster.
Company officials on Monday announced that the newly named Patron Technology has acquired Ticketleap, a self-service ticketing platform. The venture will be led by General Manager Chrisse Dragon. Patron Technology also owns ShowClix.
“Patron Technology serves as the ideal platform for Ticketleap to accelerate its position in the marketplace and continue to build on its strong customer relationships,” Dragon said in a statement. “We look forward to our continued growth in the DIY ticketing business and pursuing this unique opportunity to work alongside leading companies such as ShowClix and PatronManager.”
Patron Technology will be led by CEO Eugene Carr and CFO Anupam Palit, both who will retain the titles they had overseeing PatronManager.
“Patron Technology drives momentum across the digital ticketing industry,” Carr said. “The approach of aligning complementary platforms provides each company the ability to focus on growth within each of their key industry segments while continuing to foster their clients’ development of stronger relationships with their patrons. We are excited about our new structure, our new partners, and our unwavering support from Providence, and believe that all of these elements will only accelerate our success.”
Brian Arnone will be the CRO, as well as remain president and COO of ShowClix, a cloud-based provider of premier ticketing and technology companies. He said the company “supports the key target verticals for each organization within our new structure. This dynamic translates directly to increased sales on all ticketing platforms, putting us in a leading position across the entire industry.”
Added Gopi Vaddi, Managing Director at Providence Strategic Growth: “Patron Technology’s product suite empowers venues and event organizers to manage experiences across various customer interactions, including ticketing, CRM, social media engagement, and in-event experience itself. We will continue to actively engage with Patron Technology’s leadership team to drive and capitalize on the significant disruption within the various sectors of this market.”
Patron Technology, according to the statement, is a portfolio company of Providence Strategic Growth, or PSG.
PSG is the growth equity affiliate of Providence Equity, a global private equity firm with more than $50 billion in assets under management.
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