secwatch / observer
8-K filed January 26, 2024, 6:59 PM ET CIK 0001863105
M&A confidence high sentiment neutral materiality 0.80

EngageSmart, Inc.: M&A transaction — Vista Equity Partners completes acquisition of EngageSmart for $23.00/share (~$4.0B)

EngageSmart, Inc.

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Diego Rodriguez

Director
EngageSmart, Inc.
Effective
2024-01-26
Filed
January 26, 2024, 6:59 PM ET
In connection with the consummation of the Merger (and not because of any disagreement with the Company), each of the directors of the Company (Paul G. Stamas, Robert P. Bennett, Deborah A. Dunnam, Matthew G. Hamilton, David Mangum, Preston McKenzie, Raph Osnoss and Diego Rodriguez) resigned as a member of the board of directors of the Company as of the Effective Time
Appointed

Michael Fosnaugh

Director
EngageSmart, Inc.
Effective
2024-01-26
Filed
January 26, 2024, 6:59 PM ET
the following persons were appointed as directors of the Surviving Corporation: Michael Fosnaugh, Jeffrey Wilson, Jack Dillon, Billy Bosworth, Brooke Nakatsukasa, and Robert P. Bennett.
Departed

Deborah A. Dunnam

Director
EngageSmart, Inc.
Effective
2024-01-26
Filed
January 26, 2024, 6:59 PM ET
In connection with the consummation of the Merger (and not because of any disagreement with the Company), each of the directors of the Company (Paul G. Stamas, Robert P. Bennett, Deborah A. Dunnam, Matthew G. Hamilton, David Mangum, Preston McKenzie, Raph Osnoss and Diego Rodriguez) resigned as a member of the board of directors of the Company as of the Effective Time
Departed

Raph Osnoss

Director
EngageSmart, Inc.
Effective
2024-01-26
Filed
January 26, 2024, 6:59 PM ET
In connection with the consummation of the Merger (and not because of any disagreement with the Company), each of the directors of the Company (Paul G. Stamas, Robert P. Bennett, Deborah A. Dunnam, Matthew G. Hamilton, David Mangum, Preston McKenzie, Raph Osnoss and Diego Rodriguez) resigned as a member of the board of directors of the Company as of the Effective Time
Departed

Paul G. Stamas

Director
EngageSmart, Inc.
Effective
2024-01-26
Filed
January 26, 2024, 6:59 PM ET
In connection with the consummation of the Merger (and not because of any disagreement with the Company), each of the directors of the Company (Paul G. Stamas, Robert P. Bennett, Deborah A. Dunnam, Matthew G. Hamilton, David Mangum, Preston McKenzie, Raph Osnoss and Diego Rodriguez) resigned as a member of the board of directors of the Company as of the Effective Time
Departed

David Mangum

Director
EngageSmart, Inc.
Effective
2024-01-26
Filed
January 26, 2024, 6:59 PM ET
In connection with the consummation of the Merger (and not because of any disagreement with the Company), each of the directors of the Company (Paul G. Stamas, Robert P. Bennett, Deborah A. Dunnam, Matthew G. Hamilton, David Mangum, Preston McKenzie, Raph Osnoss and Diego Rodriguez) resigned as a member of the board of directors of the Company as of the Effective Time
Appointed

Billy Bosworth

Director
EngageSmart, Inc.
Effective
2024-01-26
Filed
January 26, 2024, 6:59 PM ET
the following persons were appointed as directors of the Surviving Corporation: Michael Fosnaugh, Jeffrey Wilson, Jack Dillon, Billy Bosworth, Brooke Nakatsukasa, and Robert P. Bennett.
Appointed

Jeffrey Wilson

Director
EngageSmart, Inc.
Effective
2024-01-26
Filed
January 26, 2024, 6:59 PM ET
the following persons were appointed as directors of the Surviving Corporation: Michael Fosnaugh, Jeffrey Wilson, Jack Dillon, Billy Bosworth, Brooke Nakatsukasa, and Robert P. Bennett.
Appointed

Jack Dillon

Director
EngageSmart, Inc.
Effective
2024-01-26
Filed
January 26, 2024, 6:59 PM ET
the following persons were appointed as directors of the Surviving Corporation: Michael Fosnaugh, Jeffrey Wilson, Jack Dillon, Billy Bosworth, Brooke Nakatsukasa, and Robert P. Bennett.
Departed

Robert P. Bennett

Director
EngageSmart, Inc.
Effective
2024-01-26
Filed
January 26, 2024, 6:59 PM ET
In connection with the consummation of the Merger (and not because of any disagreement with the Company), each of the directors of the Company (Paul G. Stamas, Robert P. Bennett, Deborah A. Dunnam, Matthew G. Hamilton, David Mangum, Preston McKenzie, Raph Osnoss and Diego Rodriguez) resigned as a member of the board of directors of the Company as of the Effective Time
Departed

Matthew G. Hamilton

Director
EngageSmart, Inc.
Effective
2024-01-26
Filed
January 26, 2024, 6:59 PM ET
In connection with the consummation of the Merger (and not because of any disagreement with the Company), each of the directors of the Company (Paul G. Stamas, Robert P. Bennett, Deborah A. Dunnam, Matthew G. Hamilton, David Mangum, Preston McKenzie, Raph Osnoss and Diego Rodriguez) resigned as a member of the board of directors of the Company as of the Effective Time
Departed

Preston McKenzie

Director
EngageSmart, Inc.
Effective
2024-01-26
Filed
January 26, 2024, 6:59 PM ET
In connection with the consummation of the Merger (and not because of any disagreement with the Company), each of the directors of the Company (Paul G. Stamas, Robert P. Bennett, Deborah A. Dunnam, Matthew G. Hamilton, David Mangum, Preston McKenzie, Raph Osnoss and Diego Rodriguez) resigned as a member of the board of directors of the Company as of the Effective Time
Appointed

Brooke Nakatsukasa

Director
EngageSmart, Inc.
Effective
2024-01-26
Filed
January 26, 2024, 6:59 PM ET
the following persons were appointed as directors of the Surviving Corporation: Michael Fosnaugh, Jeffrey Wilson, Jack Dillon, Billy Bosworth, Brooke Nakatsukasa, and Robert P. Bennett.
Appointed

Robert P. Bennett

Director
EngageSmart, Inc.
Effective
2024-01-26
Filed
January 26, 2024, 6:59 PM ET
the following persons were appointed as directors of the Surviving Corporation: Michael Fosnaugh, Jeffrey Wilson, Jack Dillon, Billy Bosworth, Brooke Nakatsukasa, and Robert P. Bennett.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Diego Rodriguez resigned as Director at EngageSmart, Inc..

Action
resigned
Role
Director
Exact text from the filing
In connection with the consummation of the Merger (and not because of any disagreement with the Company), each of the directors of the Company (Paul G. Stamas, Robert P. Bennett, Deborah A. Dunnam, Matthew G. Hamilton, David Mangum, Preston McKenzie, Raph Osnoss and Diego Rodriguez) resigned as a member of the board of directors of the Company as of the Effective Time
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Fosnaugh was appointed as Director at EngageSmart, Inc..

Action
appointed
Role
Director
Exact text from the filing
the following persons were appointed as directors of the Surviving Corporation: Michael Fosnaugh, Jeffrey Wilson, Jack Dillon, Billy Bosworth, Brooke Nakatsukasa, and Robert P. Bennett.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Deborah A. Dunnam resigned as Director at EngageSmart, Inc..

Action
resigned
Role
Director
Exact text from the filing
In connection with the consummation of the Merger (and not because of any disagreement with the Company), each of the directors of the Company (Paul G. Stamas, Robert P. Bennett, Deborah A. Dunnam, Matthew G. Hamilton, David Mangum, Preston McKenzie, Raph Osnoss and Diego Rodriguez) resigned as a member of the board of directors of the Company as of the Effective Time
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Raph Osnoss resigned as Director at EngageSmart, Inc..

Action
resigned
Role
Director
Exact text from the filing
In connection with the consummation of the Merger (and not because of any disagreement with the Company), each of the directors of the Company (Paul G. Stamas, Robert P. Bennett, Deborah A. Dunnam, Matthew G. Hamilton, David Mangum, Preston McKenzie, Raph Osnoss and Diego Rodriguez) resigned as a member of the board of directors of the Company as of the Effective Time
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Paul G. Stamas resigned as Director at EngageSmart, Inc..

Action
resigned
Role
Director
Exact text from the filing
In connection with the consummation of the Merger (and not because of any disagreement with the Company), each of the directors of the Company (Paul G. Stamas, Robert P. Bennett, Deborah A. Dunnam, Matthew G. Hamilton, David Mangum, Preston McKenzie, Raph Osnoss and Diego Rodriguez) resigned as a member of the board of directors of the Company as of the Effective Time
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

David Mangum resigned as Director at EngageSmart, Inc..

Action
resigned
Role
Director
Exact text from the filing
In connection with the consummation of the Merger (and not because of any disagreement with the Company), each of the directors of the Company (Paul G. Stamas, Robert P. Bennett, Deborah A. Dunnam, Matthew G. Hamilton, David Mangum, Preston McKenzie, Raph Osnoss and Diego Rodriguez) resigned as a member of the board of directors of the Company as of the Effective Time
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Billy Bosworth was appointed as Director at EngageSmart, Inc..

Action
appointed
Role
Director
Exact text from the filing
the following persons were appointed as directors of the Surviving Corporation: Michael Fosnaugh, Jeffrey Wilson, Jack Dillon, Billy Bosworth, Brooke Nakatsukasa, and Robert P. Bennett.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Jeffrey Wilson was appointed as Director at EngageSmart, Inc..

Action
appointed
Role
Director
Exact text from the filing
the following persons were appointed as directors of the Surviving Corporation: Michael Fosnaugh, Jeffrey Wilson, Jack Dillon, Billy Bosworth, Brooke Nakatsukasa, and Robert P. Bennett.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Jack Dillon was appointed as Director at EngageSmart, Inc..

Action
appointed
Role
Director
Exact text from the filing
the following persons were appointed as directors of the Surviving Corporation: Michael Fosnaugh, Jeffrey Wilson, Jack Dillon, Billy Bosworth, Brooke Nakatsukasa, and Robert P. Bennett.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Robert P. Bennett resigned as Director at EngageSmart, Inc..

Action
resigned
Role
Director
Exact text from the filing
In connection with the consummation of the Merger (and not because of any disagreement with the Company), each of the directors of the Company (Paul G. Stamas, Robert P. Bennett, Deborah A. Dunnam, Matthew G. Hamilton, David Mangum, Preston McKenzie, Raph Osnoss and Diego Rodriguez) resigned as a member of the board of directors of the Company as of the Effective Time
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Matthew G. Hamilton resigned as Director at EngageSmart, Inc..

Action
resigned
Role
Director
Exact text from the filing
In connection with the consummation of the Merger (and not because of any disagreement with the Company), each of the directors of the Company (Paul G. Stamas, Robert P. Bennett, Deborah A. Dunnam, Matthew G. Hamilton, David Mangum, Preston McKenzie, Raph Osnoss and Diego Rodriguez) resigned as a member of the board of directors of the Company as of the Effective Time
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Preston McKenzie resigned as Director at EngageSmart, Inc..

Action
resigned
Role
Director
Exact text from the filing
In connection with the consummation of the Merger (and not because of any disagreement with the Company), each of the directors of the Company (Paul G. Stamas, Robert P. Bennett, Deborah A. Dunnam, Matthew G. Hamilton, David Mangum, Preston McKenzie, Raph Osnoss and Diego Rodriguez) resigned as a member of the board of directors of the Company as of the Effective Time
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Brooke Nakatsukasa was appointed as Director at EngageSmart, Inc..

Action
appointed
Role
Director
Exact text from the filing
the following persons were appointed as directors of the Surviving Corporation: Michael Fosnaugh, Jeffrey Wilson, Jack Dillon, Billy Bosworth, Brooke Nakatsukasa, and Robert P. Bennett.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Robert P. Bennett was appointed as Director at EngageSmart, Inc..

Action
appointed
Role
Director
Exact text from the filing
the following persons were appointed as directors of the Surviving Corporation: Michael Fosnaugh, Jeffrey Wilson, Jack Dillon, Billy Bosworth, Brooke Nakatsukasa, and Robert P. Bennett.
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

EngageSmart, Inc.: Amended and restated bylaws at effective time of merger.

Change
bylaw amendment
Exact text from the filing
the bylaws of the Company, as in effect immediately prior to the Merger, were amended and restated to be in the form of the bylaws attached as Exhibit 3.2
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

EngageSmart, Inc.: Amended and restated certificate of incorporation at effective time of merger.

Change
charter amendment
Exact text from the filing
the Amended and Restated Certificate of Incorporation of the Company, as in effect immediately prior to the Merger, was amended and restated to be in the form of the certificate of incorporation attached as Exhibit 3.1
View on SEC.gov
M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

EngageSmart, Inc. underwent a change of control involving Icefall Parent, Inc. (affiliates of Vista Equity Partners) for approximately $3.0 billion (closed 2024-01-26).

Action
change of control
Counterparty
Icefall Parent, Inc. (affiliates of Vista Equity Partners)
Consideration
approximately $3.0 billion
Closing
2024-01-26
Exact text from the filing
of Parent. In connection with the Merger, the aggregate purchase price paid for all equity securities of the Company (excluding Owned Company Shares) was approximately $3.0 billion. The funds used by Parent to consummate the Merger and complete the related transactions came from approximately $2.0 billion of equity contributions from the Vista Funds or
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 1.0

EngageSmart, Inc. terminated Company Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, and the lenders and issuing banks party thereto (effective 2024-01-26).

Action
termination
Agreement
credit facility
Counterparty
JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, and the lenders and issuing banks party thereto
Effective
2024-01-26
Exact text from the filing
On January 26, 2024, in connection with the Merger, all outstanding indebtedness under the Revolving Credit Agreement, dated September 27, 2021 (the “ Company Credit Agreement ”), by and among the Company, as borrower, the lenders and issuing banks party thereto, and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, was repaid in full and all commitments thereunder were terminated.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 1.0

EngageSmart, Inc. entered into Credit Agreement with Golub Capital Markets LLC, as administrative agent and collateral agent, and the lenders party thereto valued at $1,050,000,000 term loan facility and $100,000,000 revolving loan facility.

Action
entry
Agreement
credit facility
Counterparty
Golub Capital Markets LLC, as administrative agent and collateral agent, and the lenders party thereto
Value
$1,050,000,000 term loan facility and $100,000,000 revolving loan facility
Exact text from the filing
Parent, as the borrower, and the Company, as a guarantor, entered into that certain Credit Agreement with Golub Capital Markets LLC, as administrative agent and collateral agent, the lenders from time to time party thereto and the guarantors from time to time party thereto (the “ Credit Agreement ”), which provides for (i) a term loan facility in an aggregate principal amount equal to $1,050,000,000 (the “ Term Loan ”) and (ii) a revolving loan facility in an aggregate principal amount equal to $100,000,000.
View on SEC.gov

Browse all governance changes →

Source: SEC EDGAR
accession 0001193125-24-016530
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.