M&A Deal Summary

Gallant Capital Acquires Altify

On March 17, 2025, private equity firm Gallant Capital acquired software company Altify from Upland

Acquisition Highlights
  • This is Gallant Capital’s 2nd transaction in the Software sector.
  • This is Gallant Capital’s 13th transaction in the United States.
  • This is Gallant Capital’s 3rd transaction in California.

M&A Deal Summary

Date 2025-03-17
Target Altify
Sector Software
Buyer(s) Gallant Capital
Sellers(s) Upland
Deal Type Divestiture

Target

Altify

Los Angeles, California, United States
Altify is a customer revenue optimization (CRO) company. Altify helps revenue teams visualize customers and their desired outcomes, unlocking revenue growth and building sales excellence. Built natively on the Salesforce Platform, Altify’s CRO application helps thousands of salespeople, sales leaders, and executives achieve sustained customer revenue optimization and sales success. Altify is based in Los Angeles, California.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Gallant Capital

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2018
PE ASSETS 1.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Gallant Capital is a private equity firm focused on control investments of profitable lower middle-market companies with up to $40 million of EBITDA. The Firm targets individual or family-owned companies as well as corporate divestitures. Broad areas of interest include technology, industrials, and business services. Gallant Capital was established in 2018 and is headquartered in Los Angeles, California.


DEAL STATS #
Overall 14 of 14
Sector: Software M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: California M&A 3 of 3
Country: United States M&A 13 of 13
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-23 Navient - Government Services business

Herndon, Virginia, United States

Navient’s Government Services business includes Navient Business Processing Group, Duncan Solutions, Gila (D.B.A Municipal Services Bureau), Pioneer Credit Recovery, and Navient BPO. Navient’s Government Services are based in Herndon, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-10-27 Lightning Step

Houston, Texas, United States

Lightning Step offers an all-in-one software platform including electronic medical records, revenue cycle management, and customer relationship management technology. Lightning Step was founded in 2014 and is based in Houston, Texas.

Sell -

Seller(S) 1

SELLER

Upland

Austin, Texas, United States

Category Company
Founded 2010
Sector Internet Software and Services
Employees998
Revenue 275M USD (2024)
DESCRIPTION

Upland develops and delivers cloud-based project, portfolio, and work management software applications for enterprises in the United States and internationally. The company provides seven enterprise cloud solution suites that enable more than one million users at over 9,000 accounts to win and engage customers, automate business operations, manage projects and IT costs, and share knowledge throughout the enterprise. Upland was founded in 2010 and is based in Austin, Texas.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-24 BA Insight

Boston, Massachusetts, United States

BA Insight is a provider of integrated search technologies and search optimization softwares. BA Insight was founded in 2003 and is based in Boston, Massachusetts.

Buy $33M