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New Deal


Announced

Completed

Silver Lake Partners completed the investment in EverCommerce.

Financials

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Transaction Value-
Consideration TypeCash
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Private Equity

e-commerce platform

Private

Acquisition

United States

E-commerce

Completed

Friendly

Majority

Single Bidder

Synopsis

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Silver Lake Partners, the global investment firm, completed the investment in EverCommerce, the service commerce platform. The firm will partner with existing majority shareholder Providence Strategic Growth, the growth equity affiliate of Providence Equity Partners. Financial terms were not disclosed. "Silver Lake's deep expertise in supporting the development of premier technology and tech-enabled businesses will benefit EverCommerce for years to come. Silver Lake's investment and technology experience and relationship network will augment the industry and operational expertise PSG has brought to EverCommerce over the past several years and advance our mission to support the success of millions of service business owners around the world," Eric Remer, EverCommerce Founder and CEO.

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