Private Equity Firm General Atlantic Is Exploring A Sale Of EngageSmart Inc, A Payments Software Vendor That Has A Market Value Of $3.2B, According To People Familiar With The Matter
Portfolio Pulse from Benzinga Newsdesk
Private equity firm General Atlantic is reportedly considering a sale of EngageSmart Inc, a payments software vendor with a market value of $3.2 billion.
October 05, 2023 | 1:42 pm
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EngageSmart Inc, a payments software vendor, may be sold by General Atlantic. The company is currently valued at $3.2 billion.
The news of a potential sale of EngageSmart Inc by General Atlantic could create uncertainty among investors, potentially impacting the stock's price. However, the impact could be neutral in the short term as the sale could also attract potential buyers who see value in the company.
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IMPORTANCE 80
RELEVANCE 100