Yext, Inc. /
Hearsay Systems
Yext adds Hearsay Systems to its digital presence platform
What happened
Yext, Inc. completed its acquisition of Hearsay Systems, a global leader in digital client engagement for financial services. The merger was completed on Aug. 1, 2024.
Yext paid approximately $125 million in cash at closing, subject to customary adjustments. Former holders of Hearsay’s outstanding equity interests may also receive up to approximately $75 million, subject to specified milestones.
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Yext adds Hearsay Systems to its digital presence platform
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