Announced
Completed
Financials
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Tags
Domestic
Majority
Completed
software-as-a-service
Private
Software
United States
Private Equity
Friendly
Acquisition
Single Bidder
Synopsis
Clearhaven Partners, a middle-market private equity investment company, completed the acquisition of a majority stake in SundaySky, a software-as-a-service platform for efficient video creation and personalization at scale, for $100m. “This partnership marks the start of an exciting new chapter at SundaySky. Since launching our next generation platform in 2021, the market’s response has exceeded even our most ambitious forecasts and underscored the need to have the right partner on board to fully realize our potential. With Clearhaven’s investment thesis in the video space and proven track record of profitably scaling SaaS companies, we will accelerate our growth trajectory, reach new levels of scale, and better execute on our mission to empower organizations to unleash the power of video. In these economically challenging times, business leaders need a more efficient way to use video when compared to legacy methods which are traditionally slow, difficult, and costly," Jim Dicso, SundaySky CEO.
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