M&A Deal Summary

Zeta Global Acquires Marigold - Enterprise Software Business

On September 30, 2025, Zeta Global acquired internet software and services company Marigold - Enterprise Software Business from Marigold for 325M USD

Acquisition Highlights
  • This is Zeta Global’s 6th transaction in the Internet Software and Services sector.
  • This is Zeta Global’s largest (disclosed) transaction.
  • This is Zeta Global’s 11th transaction in the United States.
  • This is Zeta Global’s 1st transaction in Tennessee.

M&A Deal Summary

Date 2025-09-30
Target Marigold - Enterprise Software Business
Sector Internet Software and Services
Buyer(s) Zeta Global
Sellers(s) Marigold
Deal Type Divestiture
Deal Value 325M USD

Target

Marigold - Enterprise Software Business

Nashville, Tennessee, United States
Marigold's Enterprise Software Business, including Marigold Loyalty, Cheetah Digital, Selligent, Sailthru, Liveclicker, and Grow.

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Buyer(S) 1

Buyer

Zeta Global

New York, New York, United States

Category Company
Founded 2007
Sector Internet Software and Services
Employees2,191
Revenue 1.0B USD (2024)
DESCRIPTION

Zeta Global is a data-driven, cloud-based marketing technology company that empowers enterprises to acquire, grow, and retain customers more efficiently. The Company’s Zeta Marketing Platform (the “ZMP”) is the largest omnichannel marketing platform with identity data at its core. The ZMP analyzes billions of structured and unstructured data points to predict consumer intent by leveraging sophisticated artificial intelligence to personalize experiences at scale. Zeta Global was founded in 2007 and is based in New York, New York.


DEAL STATS #
Overall 11 of 11
Sector: Internet Software and Services M&A 6 of 6
Type: Divestiture M&A Deals 6 of 6
State: Tennessee M&A 1 of 1
Country: United States M&A 11 of 11
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-08 LiveIntent

New York, New York, United States

LiveIntent is a provider of email advertising and trading desk solutions. LiveIntent offers a buying platform for emails and displays. LiveIntent was founded in 2009 and is based in New York City.

Buy $250M

Seller(S) 1

SELLER

Marigold

Nashville, Tennessee, United States

Category Company
Founded 2017
Sector Internet Software and Services
DESCRIPTION

Marigold provides email marketing platforms: Campaign Monitor, Delivra, and Emma. Marigold solutions are designed for your specific size, industry, and maturity, giving you the technology and expertise you need to grow the relationships that grow your business, from customer acquisition to engagement to loyalty. Marigold was founded in 2017 and is based in Nashville, Tennessee.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Tennessee M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-21 Cheetah Digital

Chicago, Illinois, United States

Cheetah Digital is an enterprise cross-channel marketing software company. Cheetah Digital Marketing Suite combines superior data management capabilities and cross-channel execution with in-house professional services expertise and dedicated support to help brands execute complex marketing programs at scale and achieve profitable brand outcomes. Cheetah Digital was founded in 1998 and is based in Chicago, Illinois.

Buy -