Straylight Capital Leads Growth Investment in Patron Points
May 28, 2026
Patron Points, a Woodbury, Minnesota-based loyalty and customer engagement software provider for convenience stores, secured a strategic growth investment led by Straylight Capital. The round also included Scaleworks and other Straylight co-investors, and the company plans to expand nationally and advance its loyalty, promotions, portal, self-service tools, and AI-powered business intelligence.
- Buyers
- Straylight Capital, Scaleworks
- Targets
- Patron Points
- Industry
- Cloud & SaaS
- Location
- Minnesota, United States
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Springshare Acquires Patron Point
August 23, 2023
Cloud & SaaS
Springshare, a library-focused SaaS vendor, has acquired Patron Point, a marketing automation and engagement platform for libraries. Patron Point will remain an independent brand within Springshare while the buyer integrates and enhances the platform, expands staff, and adds tighter integration with Springshare's suite of library software.
-
Gallant Capital Partners Makes Growth Investment in Lightning Step Technologies
November 17, 2022
Cloud & SaaS
Gallant Capital Partners completed a strategic growth investment in Lightning Step Technologies, a Charlotte-based provider of all-in-one enterprise software for the behavioral health industry. The capital will be used to expand Lightning Step's team, accelerate its product roadmap, and support strategic acquisitions while existing management (including CEO Kirk Monroe and Chairman Jamison Monroe) remain material owners.
-
GRO Capital Makes Strategic Growth Investment in iPoint-systems gmbh
November 13, 2020
Software
Northern European private equity firm GRO Capital A/S has taken a minority stake in Germany-headquartered iPoint-systems gmbh, a provider of product compliance and sustainability software. The investment will provide capital and strategic support to accelerate product innovation, expand sales and marketing, and deepen iPoint's presence in North America and Asia.
-
Vector Capital Acquires Patron Technology
September 24, 2020
Cloud & SaaS
Vector Capital announced a majority investment in Patron Technology, a provider of ticketing and event technology for live, virtual and hybrid events. The private equity firm said the investment will support Patron's pivot to virtual/hybrid event capabilities, strengthen its product suite and back the existing management team through COVID-related market disruption.
-
Stone Point Leads Growth Investment in Bullhorn; Insight Partners and Genstar Remain Investors
September 8, 2020
Cloud & SaaS
Stone Point Capital has agreed to become the lead investor in Bullhorn, the cloud-based recruitment software provider, with Insight Partners and Genstar Capital remaining as investors. The minority growth investment (terms undisclosed) will provide capital to accelerate Bullhorn's Unified Workforce Management roadmap and support the company's continued expansion in the global staffing and recruiting market.
-
SkyKnight Capital Makes Strategic Investment in Patra
December 31, 2019
Insurance
SkyKnight Capital, a San Francisco-based private equity firm, led a strategic investment in Patra in late 2019 to support the provider's rapid growth in technology-enabled services for the insurance industry. The investment will help Patra scale its PatraOne platform and expand services for brokers, MGAs, wholesalers and carriers; Patra reported a global team of over 6,500 process executives.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.