EngageSmart (ESMT) Announces Proposed 8M Share Offering by Selling Stockholders

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EngageSmart Announces Proposed Public Offering of Common Stock by Selling Stockholders

February 28, 2023 4:15 PM EST

BOSTON--(BUSINESS WIRE)-- EngageSmart, Inc. (EngageSmart) (NYSE: ESMT), a leading provider of vertically tailored customer engagement software and integrated payments solutions, announced today the commencement of a proposed underwritten public offering of 8,000,000 shares of its common stock being offered for sale by certain of its stockholders, including affiliates of General Atlantic, L.P. and Summit Partners and certain members of the Companys management (collectively, the Selling Stockholders). In addition, certain of the Selling Stockholders have granted the underwriters a 30-day option to purchase up to 1,200,000 additional shares of common stock at the public offering price,... More