Announced
Completed
Financials
Tags
Majority
Acquisition
Single Bidder
Privatisation
Public
Software
software company
United States
Private Equity
Friendly
Domestic
Completed
Synopsis
Symphony Technology Group-led consortium, completed the acquisition of Momentive, an experience management company that offers cloud-based software in brand insights, for $1.5bn. "This new chapter will enable Momentive to advance our long-term strategy and mission. STG’s 20 years of investment experience in software, analytics, and data companies will provide us with invaluable expertise as we scale our customer base and product suite. Today’s volatile business climate necessitates that organizations consistently collect feedback from their stakeholders. That’s where we shine,” Zander Lurie, Momentive CEO.
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