Tech Company M&A Transactions
iContact Acquisition
iContact was acquired by Vocus. The transaction was announced on 2/28/2012. Vocus said the transaction price was $169 million.
Transaction Overview
Company Name
Acquired By
Announced On
2/28/2012
Transaction Type
M&A
Amount
$169,000,000
M&A Terms
Under the terms of the deal, which closed on February 24, 2012, Vocus acquired iContact for approximately $91 million of cash, $9 million of common stock and $79 million of redeemable convertible preferred stock, aggregating $169 million of total consideration, net of cash $10M cash acquired.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
5221 Paramount Pkwy. 200
Morrisville, NC 27560
USA
Morrisville, NC 27560
USA
Phone
Website
Email Address
Overview
iContact is a leading on-demand email marketing service. iContact allows organizations of all sizes to easily create, send, and track email newsletters, RSS feeds, surveys, and autoresponders.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Aaron Houghton
Chief Executive Officer
Ryan Allis
Chief Financial Officer
Tim Oakley
Chief Marketing Officer
Jeff Revoy
Chief Technical Officer
Ralph Kasuba
VP - Customer Service
Sarah Stealey
VP - Human Resources
Pam Rose
VP - Sales
Kevin Fitzgerald
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Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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