Endurance International Group Announces Definitive Agreement to Acquire Constant Contact
Combines two leaders in small business online products and services, creating a full suite of online marketing tools and end-to-end solutions
Expected to deliver immediate and long-term financial benefit, with estimated fiscal 2015 combined pro forma adjusted revenue of approximately $1.1 billion and pro forma adjusted EBITDA of $350 million
Expected to generate fiscal 2016 combined year over year growth in pro forma adjusted revenue of 10 percent to 12 percent, and approximately $400 million in pro forma adjusted EBITDA
Expected to enhance free cash flow generation and accelerate delivery of long-term financial targets
Increases subscribers on a combined basis to over 5 million
- Published: 02 November 2015
- Written by Editor