Yext Acquires Hearsay Systems
June 10, 2024
Yext, Inc. has entered into a definitive agreement to acquire Hearsay Systems for $125 million plus up to $95 million in performance-based consideration. The acquisition combines Yext's digital presence platform with Hearsay's compliance-driven digital client engagement solutions for financial services to expand capabilities, cross-sell into regulated customers, and unify multi-channel customer engagement.
- Buyers
- Yext, Inc.
- Targets
- Hearsay Systems
- Industry
- Software
- Location
- California, United States
- Transaction Type
- Buyout
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