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New Deal


Announced

Completed

Vista Equity Partners completed the acquisition of EngageSmart for $4bn.

Financials

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Transaction Value£3,288m
Consideration TypeCash
Capital Owned-
Capital Bid For65%
EV/Sales-
EV/EBITDA-
Share Price Premium23%
One Off Charge-

Tags

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Acquisition

Domestic

Majority

Private Equity

Public

Friendly

software development

Software

Single Bidder

United States

customer engagement software

Completed

Synopsis

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Vista Equity Partners, a global investment firm, completed the acquisition of EngageSmart, a provider of vertically tailored customer engagement software and integrated payments solutions, for $4bn. “EngageSmart’s success is based upon the Company’s demonstrated track record of innovation and product leadership. “With our transaction now complete, we are eager to leverage our resources and value creation expertise to support the Company’s next phase of growth. We look forward to partnering with their team to build on EngageSmart’s strong momentum and bolster its position as a leader in the vertical software and payments space,” Michael Fosnaugh, Vista Senior Managing Director.

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