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Announced

Completed

ManyChat completed the acquisition of Converlytics.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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analytics tool

Friendly

IT Services: Other

Majority

Acquisition

Single Bidder

Germany

Private

Completed

analytics tracking

Synopsis

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ManyChat, a chat marketing platform, completed the acquisition of Converlytics, which enables businesses to track, analyze, and quantify valuable attribution analytics connecting Facebook Messenger to Shopify. Financial terms were not disclosed. "The single biggest industry using ManyChat is e-commerce, and analytics is at the heart of everything an e-commerce marketer does. The acquisition will allow ManyChat to bring our e-commerce customers the robust analytics they need to run smart omni-channel campaigns that maximize return on advertising spends," Mike Yan, ManyChat co-founder and CEO.

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