Announced
Financials
Tags
Majority
Acquisition
Single Bidder
Software
advertising
online marketing
software
United States
Friendly
Private Equity
Private
Pending
Domestic
Synopsis
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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