Emplifi today announced a new growth equity investment led by Sixth Street Growth, with participation from the LionTree merchant bank at a valuation of more than $1 billion.
Emplifi CEO Mark Zablan believes Sixth Street’s investment will help the company accelerate product innovation and growth through existing and new markets. “In Sixth Street, we have found a patient, long-term investor with a strong record in customer experience. Their partnership mindset will add great strategic value to Emplifi,” said Zablan.
Audax remains the majority investor in the company. Mr. Stanley and Ben Johnston, Managing Director at Sixth Street Growth, will be joining the board of Emplifi as part of Sixth Street’s investment.
LionTree Advisors served as the exclusive financial advisor and Ropes & Gray served as legal counsel to Emplifi. Cleary Gottlieb Steen & Hamilton served as legal counsel to Sixth Street.
