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EngageSmart, Inc. - ESMT STOCK NEWS

Welcome to our dedicated page for EngageSmart news (Ticker: ESMT), a resource for investors and traders seeking the latest updates and insights on EngageSmart stock.

EngageSmart, Inc. (ESMT) is a leading provider of SaaS-based digital engagement solutions. Focused on simplifying complex processes and enhancing customer interactions, EngageSmart operates through various business units across multiple industries. By leveraging innovative SaaS platforms, the company delivers solutions that transform ordinary customer interactions into loyalty-building opportunities. EngageSmart's commitment to continuous innovation ensures that both service providers and their customers gain measurable benefits.

The company prides itself on its ability to merge advanced technology with deep industry expertise, providing tailored solutions for the sectors it serves. Through a shared belief in the power of SaaS to accelerate innovation, EngageSmart drives efficiency and growth for both its clients and itself. Current projects and ongoing partnerships highlight the company's proactive approach to evolving market needs and technological advancements.

Recently, EngageSmart has made significant strides in expanding its market reach and enhancing its suite of products. These achievements underscore its dedication to delivering exceptional value and fostering long-term success. With a robust financial condition and strategic vision, EngageSmart continues to solidify its position as an industry leader.

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EngageSmart (NYSE: ESMT): SimplePractice, a leading health and wellness platform, announced a new solution for mental health practitioners to integrate measurement-based care (MBC) into their treatment plans. The new solution offers improved scoring, visual charting, and simplified scheduling, aiming to remove barriers for practitioners and enhance patient care.
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EngageSmart Inc. (NYSE: ESMT) wins Gold for Female Executive of the Year, Achievement in Finance, and Bronze for Achievement in Promoting Work-Life Balance at the 20th annual Stevie Awards for Women in Business. The company's CFO, Cassandra Hudson, was honored alongside the recognition of the company's commitment to work-life balance and financial excellence.
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EngageSmart, Inc. (NYSE: ESMT) has achieved a remarkable 269% revenue growth, crediting it to dedicated customer support and streamlined technology. The company has been ranked 452 on the Deloitte Technology Fast 500™, showcasing its rapid expansion in the North American market. EngageSmart's CEO attributes this growth to their commitment to customer success and innovative SaaS software solutions, designed to simplify engagement and improve customer satisfaction across various industries.
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EngageSmart, Inc. reported strong financial results for the third quarter of 2023, with revenue of $97.7 million, up 24% YoY. The company also achieved net income of $11.5 million and adjusted EBITDA of $18.8 million. EngageSmart has entered into a definitive agreement to be acquired by Vista Equity Partners for approximately $4.0 billion.
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InvoiceCloud and Oracle Energy and Water have announced a new integrated solution to enhance the utility payment experience for joint customers. The integration provides real-time data exchange and coordinated client support, allowing customers to choose how, when, and where they pay their bills. The partnership aims to drive digital adoption and increase customer satisfaction.
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EngageSmart, a leading provider of customer engagement software, is set to be acquired by an affiliate of Vista Equity Partners in an all-cash transaction valued at $4.0 billion. EngageSmart stockholders will receive $23.00 per share in cash, representing a premium of approximately 23% to the unaffected closing price of the company's common stock. The transaction is expected to close in the first quarter of 2024.
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EngageSmart Named a 2023 Top Workplaces in Culture Excellence for Employee Well-Being and Development
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InvoiceCloud, a solution for online bill payment services, has been named to PropertyCasualty360’s Insurance Luminaries Class of 2023 for Technology Innovation.
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SimplePractice releases 2023 State of Therapist Well-Being Report, revealing 52% of practitioners experienced burnout this year. Administrative tasks, compassion fatigue, low pay, high caseloads, and work-life balance contribute to burnout. Burnout leads to cynicism, reduced caseloads, and potential attrition. Burnout also affects the quality of care therapists can provide. SimplePractice launches campaign to combat therapist burnout.
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EngageSmart Inc. wins multiple Stevie Awards for Great Employers
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FAQ

What is the market cap of EngageSmart (ESMT)?

The market cap of EngageSmart (ESMT) is approximately 3.9B.

What does EngageSmart, Inc. do?

EngageSmart provides SaaS-based digital engagement solutions to simplify complex processes and enhance customer interactions across multiple industries.

Which industries does EngageSmart operate in?

EngageSmart operates across various industries, leveraging its expertise and innovative solutions to meet diverse market needs.

What is the core focus of EngageSmart?

The core focus of EngageSmart is to transform customer interactions into loyalty-building opportunities through innovative SaaS platforms.

How does EngageSmart ensure innovation?

EngageSmart continuously innovates by simplifying complex processes and leveraging advanced technology and deep industry expertise.

What benefits do EngageSmart's solutions provide?

EngageSmart's solutions offer measurable benefits for both service providers and their customers, driving efficiency and growth.

Who can benefit from EngageSmart's services?

Both service providers (EngageSmart's clients) and their customers can benefit from the company's digital engagement solutions.

What recent achievements has EngageSmart made?

EngageSmart has recently expanded its market reach and enhanced its suite of products, demonstrating its commitment to delivering exceptional value.

What is EngageSmart's vision?

EngageSmart aims to be an industry leader by continuously innovating and providing tailored digital engagement solutions.

How does EngageSmart combine technology and industry expertise?

EngageSmart merges advanced technology with deep industry expertise to deliver solutions that are purpose-built for the industries it serves.

What is EngageSmart's financial condition?

EngageSmart maintains a robust financial condition, enabling it to pursue strategic projects and partnerships effectively.

EngageSmart, Inc.

NYSE:ESMT

ESMT Rankings

ESMT Stock Data

3.88B
43.06M
4.63%
93.65%
1.04%
Software - Infrastructure
Technology
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United States
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