FBR Comments on Impact of Constant Contact/Endurance Deal in SMB Space (CTCT) (EIGI) (WWWW) (WIX)

Go back to FBR Comments on Impact of Constant Contact/Endurance Deal in SMB Space (CTCT) (EIGI) (WWWW) (WIX)

Endurance International Group Announces Definitive Agreement to Acquire Constant Contact

November 2, 2015 7:05 AM EST

Combines two leaders in small business online products and services, creating a full suite of online marketing tools and end-to-end solutions Expected to deliver immediate and long-term financial benefit, with estimated fiscal 2015 combined pro forma adjusted revenue of approximately $1.1 billion and pro forma adjusted EBITDA of $350 million Expected to generate fiscal 2016 combined year over year growth in pro forma adjusted revenue of 10 percent to 12 percent, and approximately $400 million in pro forma adjusted EBITDA Expected to enhance free cash flow generation and accelerate delivery of long-term... More

Endurance International Group Announces Definitive Agreement to Acquire Constant Contact

November 2, 2015 7:01 AM EST

Combines two leaders in small business online products and services, creating a full suite of online marketing tools and end-to-end solutions Expected to deliver immediate and long-term financial benefit, with estimated fiscal 2015 combined pro forma adjusted revenue of approximately $1.1 billion and pro forma adjusted EBITDA of $350 million Expected to generate fiscal 2016 combined year over year growth in pro forma adjusted revenue of 10 percent to 12 percent, and approximately $400 million in pro forma adjusted EBITDA Expected to enhance free cash flow generation and accelerate delivery of long-term financial targets Increases subscribers... More