Movable Ink Announces Definitive Agreement to be Acquired by STG
"Movable Ink's mission has always been about empowering marketers and brands to deliver the personalized experiences customers expect and at the scale modern business demands. With the power of AI, Autonomous Marketing takes that a step further, redefining how marketers work and unlocking new levels of performance, deeper insights, and greater financial impact," said
STG's investment comes on the back of Movable Ink winning more than 100 new enterprise customers in the last year across its products, Studio and Da Vinci, an AI orchestration engine, and the recent debut of its Autonomous Marketing capabilities, announced at the company's annual Think Summit conference.
"We are thrilled to begin our partnership with Movable Ink," said
Goldman Sachs & Co. LLC is acting as the exclusive financial advisor to Movable Ink. Cooley LLP is acting as Movable Ink's legal advisor. Paul Hastings LLP is acting as the legal advisor to STG. Jamieson Corporate Finance is acting as advisor to the Movable Ink management team. No other financial terms of the agreement were disclosed.
The transaction is expected to close in July of 2025.
About Movable Ink
Movable Ink personalizes every customer engagement through automation and artificial intelligence. The world's most innovative brands rely on Movable Ink to maximize revenue, simplify workflow and achieve the optimal customer experience. Headquartered in
Learn more at movableink.com.
About STG
STG is a private equity partner to market-leading companies in data, software, and analytics. The firm brings experience, flexibility, and resources to build strategic value and unlock the potential of innovative companies. Partnering with a goal to build customer-centric, market-winning portfolio companies, STG seeks to create sustainable foundations for growth that bring value to existing and future stakeholders. The firm is dedicated to transforming and building outstanding technology companies in partnership with world-class management teams. STG's expansive portfolio has consisted of more than 50 global companies. For more information, please visit http://www.stg.com/.
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SOURCE Movable Ink
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