Announced

Completed

Yext completed the acquisition of Hearsay Systems for $220m.

Synopsis

Yext, a digital presence platform for multi-location brands, completed the acquisition of Hearsay Systems, a provider of digital client engagement for financial services, for $220m. “The close of this acquisition marks a pivotal moment for Yext. Our mission is to empower brands to connect seamlessly with their customers across all digital channels. With Hearsay Systems now part of Yext, we are positioned to accelerate innovation, provide unparalleled solutions, and drive growth for our customers. This combination represents a significant leap forward in the industry and will deliver the first platform that can manage the end-to-end customer journey from prospect to loyal customer,” Michael Walrath, Yext Chairperson and CEO.

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