Meltwater acquired as private equity tightens grip on PR software market [PR tech sum no. 47]
Sword and the Script
SEPTEMBER 5, 2023
Sumeru Equity Partners acquired a majority stake in the internal comms platform SocialChorus. Then in September 2022, Meltwater announced a “review of strategic alternatives” which I noted , is often a call for potential suitors. Muck Rack said its revenue grew 338% from 2019 to 2022 – enough to put it at number 1,658 on the Inc.
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