Zeta closes $325M Marigold acquisition, raises 2025 & 2026 revenue and EBITDA guidance

Zeta Global Holdings Corp.

Acquired Marigold Enterprise Business for up to $325M: $100M cash + 5.33M shares + up to $125M seller notes.
FY2025 revenue guidance raised to $1,289-1,292M (midpoint $1,290.4M), adj EBITDA to $274.2-275.1M.
FY2026 revenue guidance raised to at least $1,730M, adj EBITDA to $385.4M, free cash flow to $224M.
Q4 2025 revenue guidance $378.8-381.8M (includes $15.8M Marigold), adj EBITDA $90.7-91.5M.

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