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New Deal


Announced

Completed

Clari completed the acquisition of Groove.

Financials

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

Tags

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software development

Software

Acquisition

Majority

Private

Completed

Friendly

Single Bidder

United States

Domestic

Synopsis

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Clari, a connected revenue operations platform, completed the acquisition of Groove, a software development company. Financial terms were not disclosed. "Most CEOs have a tough time answering the most important question in business: 'Will we meet, beat, or miss on revenue? By bringing together Clari and Groove, revenue leaders can implement their revenue collaboration and governance strategy across all internal and external workflows, giving them full visibility and control over the company's most important business process—Revenue," Andy Byrne, Clari CEO.

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