Announced
Completed
Financials
Tags
Acquisition
Domestic
Majority
Private Equity
Public
Friendly
software development
Software
Single Bidder
United States
customer engagement software
Completed
Synopsis
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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