Dear Valued Cision Customer: I’d like to share some recent news about Cision. As you may have seen GTCR, a private-equity firm, has purchased over 74% of Cision’s shares and Cision’s board has announced its intention to take Cision private.
GTCR has also just announced the successful acquisition of Vocus and GTCR’s intent to form the world’s premiere public relations company by bringing together industry leaders Cision and Vocus. You can read the press release here.
While an intent to combine has been announced, Cision is still operating as an independent company until the combination is complete.
So what does this mean to Cision customers?
First and foremost, we will continue to support and enhance your Cision products and services. We currently support over 30,000 users in 9 languages and you should expect no disruption to your service, product or contract.
The integration plan for the new group is anticipated to be complete by the end of the year. We will continue to keep you updated as any new information emerges.
On behalf of all of the employees at Cision, I want to thank you for your business.
Chief Operating Officer, Cision US
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