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Announced

Completed

Serent Capital-backed Quorum completed the acquisition of Capitol Canary from Frontier Growth.

Financials

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

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Single Bidder

Completed

United States

Acquisition

Friendly

software company

Majority

Private

Domestic

Software

Private Equity

Synopsis

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Serent Capital-backed Quorum, a public affairs software company, completed the acquisition of Capitol Canary, a grassroots advocacy platform, from Frontier Growth, an investment firm. Financial terms were not disclosed. “Consumers and employees are pushing organizations they work with to take a stand on key issues — it’s no longer ok to sit on the sidelines of policy. With the addition of Capitol Canary, Quorum is better positioned to solve your needs — whether you’re trying to track legislation, mobilize your supporters, manage your PAC, or connect with reporters," Alex Wirth, Quorum Co-Founder and CEO.

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