Patron Technology, a Pittsburgh, Pennsylvania-based live event technology company, has acquired Marcato, a Sydney, Nova Scotia-based provider of event logistics software.
No financial terms were disclosed.
Founded in 2008 by CEO Darren Gallop and CTO Morgan Currie, Marcato partners with more than 300 festivals and live events worldwide. Its investors included Canadian venture capital firm Innovacorp.
Patron said the acquisition adds event logistics and operations to its product offering.
Patron is a portfolio investment of U.S. private equity firm Providence Equity Partners. Providence acquired a majority stake in the company last year.
Entrevestor‘s Peter Moreira interviewed Darren Gallop about the deal.
Patron Technology Acquires Event Logistics Company, Marcato Digital
PITTSBURGH (PRWEB) OCTOBER 15, 2018
Patron Technology, an industry-leading live event technology company, announced today it has acquired Marcato, a global provider of event logistics software. Marcato will continue to service its clients with innovative technology as the company becomes integrated into the growing Patron Technology platform. The terms of the transaction were not disclosed.
Marcato provides a web based platform for festivals to efficiently and effectively manage backend logistics including credentialing, artist advancing, asset management, catering and much more. They work with over 300 events, globally.
“We are excited for the Marcato team and product to join our business. We recognize the many hours live event promoters spend on the details, coordination and logistics of putting on events; Marcato is the best and most efficient way to manage everything that goes into organizing an event.” Marc Jenkins, Patron Technology CEO, says. He adds, “Adding the layer of event logistics and operations to Patron Technology brings the full life-cycle of your event into one integrated product offering. Patron Technology isn’t just about the consumer facing side of events, we are now helping event organizers behind-the-scenes as well.”
Natasha Hillier, Marcato GM, says, “At Marcato, we’ve seen our clients experience a sizeable reduction in onsite staffing costs, catering costs and especially in the amount of time spent organizing their events.” Alison Giovannetti, CAO, continues, “By joining Patron Technology, we can expand our reach and offer the product our clients love to even more organizers, while maintaining Marcato’s superior level of support.”
ABOUT PATRON TECHNOLOGY
Patron Technology enables live event organizers to create better, more customized experiences for their ticket buyers and deeper, more profitable relationships with their sponsors through an integrated, industry-leading event technology solution. Event organizers of different sizes and across different segments use Patron Technology for ticketing, marketing, fan engagement, CRM, logistics and data management.
Marcato is an innovative Canadian company that specializes in the creation and development of web-based management solutions designed to maximize efficiency in the live event industry. Our applications are now being used to help manage over 300 world-class festivals, including festivals such as Coachella, Osheaga, Bonnaroo, CMA Fest, Iceland Airwaves, Eurosonic Noorderslag, and events like the X Games, the Country Music Association Awards, Edmonton Pride, and Celtic Colours.
Patron Technology Media Contact
Sarah Lang, VP, Integrated Marketing and Communications