Constant Contact Acquires SharpSpring
June 22, 2021
Constant Contact, backed by Clearlake Capital and Siris Capital, agreed to acquire SharpSpring in an all-cash transaction valued at about $240 million (approximately $17.10 per share), with the deal announced June 22, 2021 and closed September 1, 2021. The acquisition integrates SharpSpring's marketing automation and lead management capabilities into Constant Contact's SMB-focused digital marketing platform to expand CRM and automation offerings and cross-sell across Constant Contact's customer base.
- Buyers
- Constant Contact, Clearlake Capital Group, L.P., Siris Capital Group, LLC
- Targets
- SharpSpring, Inc.
- Sellers
- SharpSpring stockholders
- Industry
- Cloud & SaaS
- Location
- Florida, United States
- Transaction Type
- Buyout
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