Constant Contact | April 08, 2022
Constant Contact, a digital marketing platform used by millions of small businesses, backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") and Siris Capital Group, LLC (together with its affiliates, "Siris"), announced today that it has completed its acquisition of Vision6.
"We are pleased to welcome Vision6 to the Constant Contact team, and I look forward to working together to deliver for small businesses, government agencies and nonprofits in Australia. Vision6's products, people and culture are closely aligned with our own. We are eager to partner with them as colleagues, and I am certain their market knowledge, passion and energy will be instrumental to our global growth and investment plans."
Frank Vella, CEO, Constant Contact
"This deal enhances Vision6's ability to support the evolving needs of our customers as a trusted Australian SMS and email marketing software," said Mathew Myers, co-founder and CEO, Vision6. "We are excited to join the Constant Contact team - they clearly share our passion for innovation and, together, we see an opportunity to accelerate our growth."
Constant Contact is committed to preserving the data sovereignty Vision6 upholds in Australia. This acquisition will provide Constant Contact the opportunity to expose its portfolio of email marketing, small business CRM, analytics and ecommerce integrations to the Australian marketplace through Vision6.
About Constant Contact
Constant Contact delivers for small businesses and nonprofits with powerful tools that simplify and amplify digital marketing. Whether it's driving sales, growing a customer base or engaging an audience, we deliver the performance and guidance to build strong connections and generate powerful results.
As Australia's most reliable email and SMS marketing software, Vision6 is passionate about helping marketers and agency professionals to get more customers and grow their business. Since 2001, Vision6 is relied upon by thousands of businesses for its industry-leading marketing solution, real person local support, data sovereignty and security.
Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. With a sector-focused approach, the firm seeks to partner with management teams by providing patient, long-term capital to businesses that can benefit from Clearlake's operational improvement approach, O.P.S.® The firm's core target sectors are industrials, technology, and consumer. Clearlake currently has over $72 billion of assets under management, and its senior investment principals have led or co-led over 300 investments. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland.
Siris is a leading private equity firm that invests primarily in mature technology and telecommunications companies with mission-critical products and services, facing industry changes or other significant transitions. Siris' development of proprietary research to identify opportunities and its extensive collaboration with its Executive Partners and Advisors are integral to its approach. Siris' Executive Partners and Advisors are experienced senior operating executives that actively participate in key aspects of the transaction lifecycle to help identify opportunities and drive strategic and operational value. Siris is based in New York, Silicon Valley and West Palm Beach, and has raised nearly $6 billion in cumulative capital commitments.
Interlaced.io | June 23, 2022
Interlaced.io, a leading managed IT services provider, announced today the acquisition of Grove Technologies, a high-performing IT Service Provider based in the DC Metro Area. Founded by Jon Brown in 2014, Grove has grown to be a staple name in providing services to Apple-integrated and cybersecurity-focused small businesses.
“Partnering with Jon Brown and the Grove Technologies Team will improve our ability to bring Interlaced’s world-class IT services to innovative and fast-growing SMBs in the DC Market. We’re excited about the strong Mac-focus and cybersecurity expertise the Grove team brings to the table. I look forward to seeing our combined capabilities serving both Grove and Interlaced clients, current and future,”
-Jeff Gaines, President of Interlaced.io.
Grove will continue to operate as a stand-alone brand with close collaboration and mutual support with Interlaced. This acquisition serves to deepen the technical and non-technical capabilities available to both Grove and Interlaced clients across the country. Jon Brown, Founder of Grove, will remain on staff and continue to oversee the DC Market, and the rest of the team at Grove Technologies will remain in their current roles servicing Grove’s innovative group of clients.
This new partnership is going to help us continue to grow and provide world-class IT support services to our clients. We’re really excited to be backed by such a well established team and brand that can help take Grove Technologies to the next level, said Brown.
Interlaced was founded in 2009 with the goal of transforming how small businesses leverage Apple Technology. Since then, Interlaced has grown into a modern MSP, adding capabilities and expertise in both Apple and PC management, project management, cloud, security, and mobile device management. In 2018, Interlaced joined the Evergreen Services Group portfolio and joined the Executech Family of Companies in November of 2019. In October of 2021, Interlaced acquired Three18 Inc., a Los Angeles based MSP. The acquisition of Grove Technologies represents the second acquisition Interlaced has completed in recent months. To learn more about Interlaced, visit https://interlaced.io/.
Grove Technologies was started in 2014 out of a desire to provide amazing Apple-focused IT support services to the Washington DC area. What set Grove apart early on was its client-focused approach to IT support, offering outsourced IT made easy. Grove’s approach to IT is to match the right technology solutions for our clients’ needs. In 2020 Channel Futures ranked Grove Technologies the #17th best IT Service Provider nationwide and in 2021, Grove was ranked #6 on its IT Companies to watch via the Channel Futures NextGen 101 list. To learn more about Grove Technologies and our core offerings check out our website at https://grovetech.co/.
DigniFi | May 13, 2022
DigniFi, an inclusive financing platform whose credit branded products are issued by WebBank, announced that Pagaya has joined the platform as a credit analysis partner. By supplementing the standard underwriting for DigniFi-branded loans with Pagaya’s unique credit analysis model, Pagaya supports DigniFi’s efforts to fund up to $80 billion worth of repairs that might otherwise be deferred and supports up to 80 million hard-working people with inadequate access to the financial resources they need to stay safe while driving.In 2012, DigniFi set-out to redefine vehicle financing by breaking down the barriers everyday people encounter when seeking access to funds. Today, DigniFi is a leader in the world of transportation, helping small businesses across the country grow revenue and delight their consumers through visionary, inclusive financing solutions.
Pagaya uses a proprietary AI to help partners, like DigniFi, better serve their current and prospective customers. This allows DigniFi to provide expanded services to more drivers and to assist in the approval of higher-cost repairs.
“We believe more people are qualified borrowers than the traditional methods would suggest, By joining DigniFi’s innovative financing platform, we can help them connect with an underserved community of borrowers who need working cars to make a living and take care of their families.”
-Ben Blatt, Chief Business Officer at Pagaya.
Pagaya is an outstanding, like-minded partner who shares our commitment to supporting Main Street and hardworking people across the country,” said Neeraj Mehta CEO of DigniFi. “Together with Pagaya, we’re building a world where inclusive, accessible funding for the needs and aspirations of daily life, like getting back on the road in a safe, sound vehicle, is the norm.
Pagaya is a financial technology company working to reshape the financial ecosystem by using machine learning, big data analytics, and sophisticated AI-driven credit and analysis technology. Pagaya was built to provide a comprehensive solution to enable the credit industry to deliver their customers a positive experience while simultaneously enhancing the broader credit ecosystem. Its proprietary API seamlessly integrates into its next-gen infrastructure network of partners to deliver a premium customer user experience and greater access to credit.
Pagaya and EJF Acquisition Corp. (NASDAQ: EJFAU, EJFA, EJFAW) announced in September that they have entered into a definitive business combination agreement, valued at an estimated enterprise value of approximately $8.5 billion at closing. For more information on Pagaya's technology, services, and careers, please visit www.Pagaya.com.
DigniFi is a FinTech company and leader in the world of transportation. We help auto dealers and small businesses across the country grow their revenue and delight their customers through visionary, inclusive financing. Our technology simplifies the loan application process and enables small businesses to offer on-the-spot financing, for auto repairs, parts and accessory purchases, and maintenance packages. All credit products are originated by WebBank, Member FDIC. To date, DigniFi has helped over 6,600 small businesses across the nation secure over $240 million in incremental transactions. For more information, please visit DigniFi.com.
Foxquilt | April 20, 2022
Foxquilt, a leading North American insurtech focused on empowering small businesses with customized insurance products uniquely matched to their needs, announced the launch of a new eCommerce insurance product. Business owners will be able to secure coverage tailored to their specific needs, entirely online, on their own time and at better prices than they are used to.
Foxquilt's eCommerce product is evolving insurance to meet the needs of the modern small business owner by providing an easy, all-online solution specifically designed to help new and existing e-commerce business owners quickly access insurance and fulfill compliance needs. Until now, the average eCommerce business was met with trepidation if US sales volumes were high or if they were a dropshipper who sold products from overseas. Foxquilt's new offering provides reliable coverage no matter the percent of US sales or where the products come from. Not to mention the improved affordability of this product, starting at $500 annually.
The pandemic vastly accelerated the rise of eCommerce as the primary channel for shopping, and businesses have evolved to meet this new need. As such, more small businesses and entrepreneurs are turning to eCommerce and online marketplaces to meet customers where they are, changing the landscape in direct-to-consumer buying behaviors. With this shift, large eCommerce marketplaces such as Etsy, Shopify, and Amazon, now require sellers to purchase their own insurance policies.
"Innovating insurance solutions for our small business customers has always been the epitome of our business at Foxquilt. That's why we're proud to introduce this new product offering to ensure that eCommerce business owners can secure insurance online and on-demand while protecting them from exposures where they trade."
Mark Morissette, CEO and Co-founder of Foxquilt
Foxquilt affords small business owners in over 500 professions to quote, buy and instantly receive their business insurance online. This is more efficient and cost-effective than other solutions available in the market. The company is committed to building technology that empowers small business owners, enabling them to have more control of their insurance buying experience, instead of being restricted to long wait times, extensive paperwork and a lack of autonomy. Foxquilt's business insurance products are specifically built to support business owners' entire insurance journey online, while providing a tailored, customized product. The platform is complemented by unique data and machine learning underwriting infrastructure, that suggests coverages based on a user's individual profile.
As a North American insurance provider, Foxquilt is looking forward to launching the eCommerce product within the US later this year. Foxquilt also has leading partnerships and is excited to expand this roster with eCommerce marketplaces and online stores to provide top-quality coverage and a slick experience.
Foxquilt is a leading North American Insurance technology company focused on providing small businesses insurance. Foxquilt develops, underwrites and distributes a complete line of its own commercial insurance products in the United States and Canada. The company uses a combination of data analytics and artificial intelligence to recommend the best insurance coverage and price to meet the individual needs of its small business customers.