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New Deal


Announced

Investcorp to acquire a majority stake of Zift Solutions at $70m valuation.

Financials

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

Tags

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Acquisition

IT Services: Other

United States

cloud-based channel marketing

Pending

Venture Capital

Private

Domestic

Majority

Private Equity

Friendly

Single Bidder

Synopsis

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Investcorp, a global technology investor, agreed to acquire a majority stake of Zift Solutions, a provider of partner relationship management and through-channel marketing automation software, at $70m valuation. Existing investors Arrowroot, Oxx, SMM, and AshGrove Capital will remain involved with the company. “Our investment in Zift aligns with ITP’s mission to support high-growth companies with proven products and end markets. Zift’s solutions help to solve an increasingly complex issue for marketing and sales-driven businesses, making relationship management simpler for companies across industries. We’re excited to be partnering with Zift and helping the Zift team take the business to the next level,” Gilbert Kamieniecky, ITP Head.

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