Searchlight Capital Partners Makes Strategic Investment in Sightline Payments
December 9, 2020
Searchlight Capital Partners has made a strategic growth investment in Sightline Payments, establishing a post-money valuation of $525 million. Sightline management also participated as co-investors; the capital will support expansion of Sightline’s cashless payment and wallet solutions across gaming, sports betting, lottery and hospitality markets.
- Buyers
- Searchlight Capital Partners, Sightline Payments management
- Targets
- Sightline Payments
- Industry
- Payments & Fintech
- Location
- Nevada, United States
- Transaction Type
- Growth capital
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