M&A Deal Summary

Banzai International Acquires OpenReel

On December 10, 2024, Banzai International acquired internet software and services company OpenReel

Acquisition Highlights
  • This is Banzai International’s 3rd transaction in the Internet Software and Services sector.
  • This is Banzai International’s 4th transaction in the United States.
  • This is Banzai International’s 1st transaction in Oregon.

M&A Deal Summary

Date 2024-12-10
Target OpenReel
Sector Internet Software and Services
Buyer(s) Banzai International
Deal Type Add-on Acquisition

Target

OpenReel

Beaverton, Oregon, United States
OpenReel is an enterprise video creation and management solution that empowers companies to create high-quality content at scale and on brand. OpenReel is based in Beaverton, Oregon.

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Buyer(S) 1

Buyer

Banzai International

Seattle, Washington, United States

Category Company
Sector Internet Software and Services
DESCRIPTION

Banzai International, Inc. is an enterprise SaaS provider of Marketing Automation solutions for webinars and events. Banzai is used by over 100 companies like Adobe, Dell Technologies, Nextiva, and Pure Storage. Banzai International is based in Seattle, Washington.


DEAL STATS #
Overall 4 of 4
Sector (Internet Software and Services) 3 of 3
Type (Add-on Acquisition) 4 of 4
State (Oregon) 1 of 1
Country (United States) 4 of 4
Year (2024) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-22 Boast

Okemos, Michigan, United States

Boast is an all-in-one platform for video-based customer testimonials and surveys to collect customer feedback, video testimonials, and online reviews. The company is a profitable marketing technology business with over 500 customers including HubSpot, Whole Foods, Blue Cross Blue Shield, Blink, and The North Face. Boast is based in Okemos, Michigan.

Buy -