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Announced

Clearlake Capital Group and Siris Capital to invest $400m in Constant Contact.

Financials

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Transaction Value£290m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Acquisition

Single Bidder

Software

advertising

online marketing

software

United States

Friendly

Private Equity

Private

Pending

Domestic

Synopsis

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Private equity firms Clearlake Capital Group and Siris Capital agreed to invest $400m in Constant Contact, a cloud-based digital marketing company. "Constant Contact is one of the most well respected and recognized franchises in all of digital marketing and is poised to benefit from a number of significant growth drivers in the near-term. We believe that this investment will provide the management team with significant resources to rapidly bolster the go-to-market organization and make large-scale investments in the product platform," James Pade, Clearlake Partner.

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