Upland Software completed the acquisition of Kapost for $45m.

Upland Software, a provider of cloud-based enterprise work management software, completed the acquisition of acquired Kapost, a content operations platform provider for sales and marketing used by more than 100 organizations globally, for $45m. Kapost was backed by Access Venture Partners, Cue Ball Capital, Iron Gate Capital, Salesforce Ventures, Lead Edge Capital and High Country Ventures. "Kapost brings an established enterprise customer base, experienced team, and sophisticated content operations platform to our sales and marketing solutions. Moreover, this transaction is immediately accretive to Adjusted EBITDA per share and takes Upland to a $220m annualized revenue run rate. Our acquisition pipeline is robust, and we are actively pursuing additional opportunities to build out our solution suites," Jack McDonald, Upland Software chairman and CEO.