EngageSmart LLC

EngageSmart, Inc. engages in the provision of customer engagement software and integrated payments capabilities. Its operating segments include Enterprise Solutions and SMB Solutions. The Enterprise Solutions segment engages in SaaS solutions that simplify customer-client engagement primarily through electronic billing and digital payments. The SMB Solutions segment engages in the provision of end-to-end practice management solutions geared toward the wellness industry. The company was founded on December 7, 2018 and is headquartered in Braintree, MA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q1 2024

EngageSmart achieves record revenue and EBITDA in Q4 2022

EngageSmart delivered record revenue and adjusted EBITDA performance in Q4 2022, driven by strong customer growth and successful pricing changes, positioning the company well for future growth.
With a focus on automation, market expansion, and margin progression, EngageSmart is poised to capitalize on the U.S. market opportunity and drive sustained revenue growth in 2023.
Addressing challenges such as churn due to pricing changes and optimizing costs for margin expansion will be key focus areas for EngageSmart in maintaining its growth trajectory.

EngageSmart (ESMT) achieves record Q1 results, eyes growth opportunities

EngageSmart's Q1 performance showcased record revenue and EBITDA results, driven by strong customer growth, pricing strategies, and retention efforts.
The company's focus on customer-centricity, product innovation, and market potential positions it well for continued success and growth in the mental health care sector.
Challenges include seasonal fluctuations affecting ARPU, valuation concerns for M&A activities, and potential impacts of pricing changes on churn.
Opportunities lie in expanding digital payments, strengthening partnerships, and leveraging mental health care initiatives for growth and improved access to care.

EngageSmart reports record Q2 earnings, eyes telemedicine and acquisitions

EngageSmart's Q2 performance showcased strong financial results, driven by revenue growth, margin expansion, and strategic acquisitions.
The company's focus on operational efficiency, customer-centric approach, and long-term value creation positions it well for sustained growth.
Despite challenges in a competitive market, EngageSmart's strategic initiatives, financial stability, and growth opportunities bode well for future success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

EngageSmart, Inc. engages in the provision of customer engagement software and integrated payments capabilities. It operates through the Enterprise Solutions and SMB Solutions segments. The Enterprise Solutions segment is involved in SaaS solutions that simplify customer-client engagement primarily through electronic billing and digital payments. The SMB Solutions segment focuses on the provision of end-to-end practice management solutions geared toward the wellness industry. The company was founded on December 7, 2018 and is headquartered in Braintree, MA.

BOSTON--(BUSINESS WIRE)--EngageSmart, Inc. (NYSE: ESMT), a leading provider of vertically tailored customer engagement software and integrated payments solutions, today reported financial results for the third quarter ended September 30, 2023. “Driven by persistent demand for our true SaaS solutions, we delivered record revenue of $97.7 million, net income of $11.5 million and Adjusted EBITDA of $18.8 million in the third quarter,” said Bob Bennett, EngageSmart CEO. “Our ability to successfully.

EngageSmart Announces Third Quarter 2023 Results

PHILADELPHIA , Nov. 1, 2023 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating EngageSmart, Inc. (NYSE: ESMT) ("EngageSmart") on behalf of the company's investors in connection with EngageSmart's recently announced proposed privatization transaction. On October 23, 2023, EngageSmart announced that it had agreed to be acquired by private equity firm Vista Equity Partners ("Vista") at a price of $23.00 per share.

ESMT SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of EngageSmart, Inc. and Encourages Investors to Contact the Firm

Consolidated Communications Holdings

NEW YORK , Oct. 30, 2023 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: EngageSmart, Inc. (NYSE: ESMT)'s  sale to an affiliate of Vista Equity Partners for $23.00 per share in cash. If you are an EngageSmart shareholder, click here to learn more about your rights and options.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ESMT, CNSL

PHILADELPHIA--(BUSINESS WIRE)--Kaskela Law LLC announces that it has commenced an investigation into EngageSmart, Inc. (NYSE: ESMT) (“EngageSmart”) on behalf of the company's investors in connection with EngageSmart's recently announced proposed privatization transaction. On October 23, 2023, EngageSmart announced that it had agreed to be acquired by private equity firm Vista Equity Partners (“Vista”) at a price of $23.00 per share. Notably, the agreed-upon price is significantly lower than sev.

ENGAGESMART SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of EngageSmart, Inc. (NYSE: ESMT) and Encourages Investors to Contact the Firm

BOSTON--(BUSINESS WIRE)--InvoiceCloud, an EngageSmart (NYSE: ESMT) solution for online bill payment services, has announced a new integrated solution with Oracle Energy and Water to enhance the utility payment experience for joint customers. Oracle and InvoiceCloud now provide Oracle-supported, pre-built, real-time integration with Oracle Utilities Customer Information Systems (CIS), including Oracle Utilities Customer Care and Billing (Oracle Utilities CC&B), Oracle Utilities Customer to M.

InvoiceCloud Announces New Integrated Solution with Oracle Energy and Water

SAN DIEGO--(BUSINESS WIRE)--Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of EngageSmart, Inc. (NYSE: ESMT) (“EngageSmart” or “the Company”) breached their fiduciary duties in connection with the proposed sale of the Company by an affiliate of Vista Equity Partners ("Vista"). You can click or copy and paste the following link to join this investigation: https://www.cognitoforms.com/JohnsonFistel/EngageSmartInc On October 23, 2023, E.

SHAREHOLDER NEWS: Johnson Fistel Investigates Proposed Sale of EngageSmart to Vista Equity. Is $23.00 a Fair Price?

NEW YORK , Oct. 23, 2023 /PRNewswire/ -- Shareholder rights law firm Julie & Holleman LLP is investigating the proposed $4 billion buyout of EngageSmart, Inc. (NYSE: ESMT) by private equity fund Vista Equity Partners. Julie & Holleman is concerned about the $23 per share price being offered as well as potential conflicts of interest.

ESMT Buyout Alert: EngageSmart Shareholders Seeking More Money Should Contact Julie & Holleman Regarding Sale to Vista

EngageSmart is on track to be acquired by Vista Equity. Even though the deal is likely to be completed in the near future, now is probably not a good time to buy the stock.

Why EngageSmart Stock Is Soaring Today

EngageSmart Inc (NYSE: ESMT jumped more than 10% on Monday after Vista Equity Partners said it will buy the business-software company for $4.0 billion Vista proposal values EngageSmart stock at $23 The private-equity firm valued each share of EngageSmart at $23 – about a 14% premium on their previous close.

EngageSmart stock jumps 12% on Vista Equity deal

MILWAUKEE , Oct. 23, 2023 /PRNewswire/ -- Ademi LLP is investigating EngageSmart (NYSE: ESMT) for possible breaches of fiduciary duty and other violations of law in its transaction with Vista Equity Partners. Click here to learn how to join the action https://www.ademilaw.com/case/engagesmart-inc or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether EngageSmart, Inc. has obtained a Fair Price in its transaction with Vista Equity Partners

Payments software provider EngageSmart is set to become a privately held company after entering into a definitive agreement with Vista Equity Partners in a cash transaction valued at approximately $4 billion. Under the terms of the deal, shareholders will receive $23.00 per share in cash, representing a 23% premium to the stock's closing price on October 4.

EngageSmart to go private in $4 billion deal with Vista Equity Partners

WILMINGTON, Del.--(BUSINESS WIRE)--Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of EngageSmart, Inc. (NYSE: ESMT) (“EngageSmart” or the “Company”) relating to the sale of the Company to private equity firm Vista Equity Partners. On October 23, 2023, the two parties announced that they reached an agreement in principle pursuant to w.

ENGAGESMART (ESMT) SHAREHOLDER ALERT - Andrews & Springer LLC Is Investigating EngageSmart, Inc. For Potential Breaches of Fiduciary Duty

Under the deal, stockholders of business-software company EngageSmart will receive $23 a share.

EngageSmart Stock Soars on Deal to Be Acquired for $4 Billion

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of EngageSmart, Inc. (NYSE: ESMT) to an affiliate of Vista Equity Partners for $23.00 per share in cash is fair to EngageSmart shareholders. Halper Sadeh encourages EngageSmart shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation conce.

ESMT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of EngageSmart, Inc. Is Fair to Shareholders

BOSTON--(BUSINESS WIRE)--EngageSmart, Inc. (NYSE: ESMT) (“EngageSmart” or “the Company”), a leading provider of vertically tailored customer engagement software and integrated payments solutions, today announced that it has entered into a definitive agreement to be acquired by an affiliate of Vista Equity Partners ("Vista"), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, in an all-cash transaction valued at approximately $4.0.

EngageSmart Agrees to Be Acquired by Vista Equity Partners for $4.0 Billion

Shares of EngageSmart Inc. ESMT, -2.18% shot up 10.1% toward a one-year high in premarket trading Monday, before being halted for news, after The Wall Street Journal reported that Vista Equity Partners was close to buying the customer engagement software company in a deal valued at $4 billion. The WSJ report said that under terms of the deal, EngageSmart shareholders would receive $23 in cash for each EngageSmart share they own, which would represent a 13.9% premium to Friday's closing price of $20.20.

EngageSmart stock jumps toward a 1-year high after WSJ report that a $4 billion buyout deal was close

BOSTON--(BUSINESS WIRE)--EngageSmart, Inc. (NYSE: ESMT), a leading provider of vertically tailored customer engagement software and integrated payments solutions, has been named a 2023 Top Workplaces in Culture Excellence for Employee Well-Being, DE&I Practices, Employee Appreciation, and Professional Development. The recognition comes via Energage, a purpose-driven organization that develops solutions to build and brand Top Workplaces. The Top Workplaces program has a 17-year history of su.

EngageSmart Named to Energage's 2023 Top Workplaces in Culture Excellence for Employee Well-Being, DE&I Practices, Employee Appreciation, and Professional Development

EngageSmart (ESMT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

EngageSmart (ESMT) Soars 7.8%: Is Further Upside Left in the Stock?

BOSTON--(BUSINESS WIRE)--InvoiceCloud, an EngageSmart (NYSE: ESMT) solution for online bill payment services, has been named to PropertyCasualty360's Insurance Luminaries Class of 2023 in the category of Technology Innovation. This recognition celebrates innovation in the property and casualty insurance industry. The program spotlights top professionals, teams, organizations, programs, practices and products within the sector that strive to modernize and humanize the business. The 2023 honorees.

InvoiceCloud Selected for the 2023 PropertyCasualty360 Insurance Luminaries Awards

LOS ANGELES--(BUSINESS WIRE)--SimplePractice, an EngageSmart (NYSE: ESMT) solution and industry-leading platform simplifying the health and wellness experience for more than 178,000 solo and small group practitioners, today released the 2023 State of Therapist Well-Being Report. In honor of World Mental Health Day, SimplePractice surveyed 550 U.S.-based therapists—including counselors, social workers, and psychologists—to understand, quantify, and contextualize their burnout and its downstream.

Over Half of Therapists Have Experienced Burnout in the Past Year, According to SimplePractice Survey

BOSTON--(BUSINESS WIRE)--EngageSmart Inc., (NYSE: ESMT), a leading provider of vertically tailored customer engagement software and integrated payments solutions, has been named the winner of the following Stevie® Awards in the eighth annual Stevie Awards for Great Employers: EngageSmart solution SimplePractice was awarded Gold for Health, Wellness and Safety Solution Provider of the Year for the second year in a row EngageSmart was awarded Silver for Employer of the Year – Software (more than.

EngageSmart Honored with Multiple Wins at 2023 Stevie® Awards for Great Employers

BOSTON--(BUSINESS WIRE)--EngageSmart, Inc. (NYSE: ESMT), a leading provider of vertically tailored customer engagement software and integrated payments solutions, today announced that company executives will participate in the Goldman Sachs Communacopia & Technology Conference, taking place in San Francisco, California. Chief Executive Officer Bob Bennett will be interviewed in a fireside chat on Wednesday, September 6, 2023, at 10:50 a.m. PT (1:50 p.m. ET). Management will conduct meetings.

EngageSmart to Present at the Goldman Sachs Communacopia & Technology Conference in San Francisco on September 6, 2023

NIAGARA FALLS, N.Y. & BOSTON--(BUSINESS WIRE)--Aumentum Technologies and InvoiceCloud, an EngageSmart (NYSE: ESMT) solution for online bill payment services, today announced a new integrated solution to enhance the tax payment experience and streamline county tax offices' internal efficiencies. Since April 2022, Aumentum Technologies and InvoiceCloud have collaborated to architect numerous streamlined solutions to provide tax organizations with a robust payments and customer communications expe.

Aumentum Technologies and InvoiceCloud Transform the Digital Payment Experience for Tax Organizations and Their Constituents Through New Integrated Solution

BOSTON--(BUSINESS WIRE)--InvoiceCloud, an EngageSmart (NYSE: ESMT) solution for online bill payment services, announced it will attend the Utility 2030 (U2030) Collaborative Annual SPARK Meeting in Los Angeles, California. InvoiceCloud team members will participate in two speaking sessions during the event: On August 27, InvoiceCloud's Director of Enterprise Sales Carlyn Altheide will host an Ignite Talk, Breaking Barriers: Strategies for Removing Friction from Utility Billing, as part of an on.

InvoiceCloud Participating in the Utility 2030 Collaborative Annual SPARK Meeting

EngageSmart, Inc. (NYSE:ESMT ) Q2 2023 Earnings Conference Call August 3, 2023 8:30 AM ET Company Participants Josh Schmidt - Investor Relations Robert Bennett - Chief Executive Officer Cassandra Hudson - Chief Financial Officer Conference Call Participants Bhavin Shah - Deutsche Bank Robert Napoli - William Blair Tyler DuPont - Bank of America Merrill Lynch Terrell Tillman - Truist Securities, Inc. Michael Rackers - Needham & Company John Davis - Raymond James Jeffrey Van Rhee - Craig-Hallum Capital Group Tien-Tsin Huang - JPMorgan Operator Good morning. Thank you for attending today's EngageSmart Second Quarter 2023 Earnings Call.

News for EngageSmart LLC Stock (ESMT)