Announced
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Acquisition
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private equity
venture capital
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customer success
Software
software development
United States
Merger
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growth capital
buyouts
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Synopsis
Great Hill Partners-backed Totango, an agile customer success software provider, agreed to merge with Catalyst, a customer growth platform. Financial terms were not disclosed. "Now is the moment for Customer Success to cement its value to the C-Suite by protecting revenue under management, owning retention and renewals, and accelerating expansion with precision. Our unification with Catalyst will make enterprise-grade integrations and AI capabilities a priority and category differentiator as we embrace a new model for driving long-term, customer-led growth," Alistair Rennie, Totango CEO.
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