m_and_a
confidence high
sentiment positive
materiality 0.75
Zeta Global to acquire Marigold's enterprise business for up to $325M; reaffirms guidance
Zeta Global Holdings Corp.
- Total consideration up to $325M: $100M cash + $100M stock at close, plus up to $125M seller note payable within 3 months.
- Acquires Marigold's enterprise software (Loyalty, Cheetah Digital, Selligent, Sailthru, etc.) adding 100+ global enterprise brands.
- Transaction accretive to adjusted EBITDA and FCF in year one; Zeta reaffirms Q3 and FY2025 guidance.
- Expected close by end of 2025; Marigold's SMB businesses (Campaign Monitor, Emma) not included.
- Deal expands Zeta's EMEA and APAC footprint, creates cross-sell opportunities with One Zeta model.
item 3.02item 8.01item 7.01item 9.01