Synacor

Canaccord Genuity is pleased to announce that on February 11, 2021, Synacor announced that it is has signed a definitive agreement to be acquired by Centre Lane Partners in an all-cash transaction that values Synacor at approximately $92 million. Canaccord Genuity acted as financial advisor to Synacor and the transaction is expected to close during or prior to the second quarter of 2021.

Synacor is a cloud-based software and services company serving global video, internet and communications providers, device manufacturers, governments and enterprises. Synacor’s mission is to enable its customers to better engage with their consumers. Its customers use Synacor’s technology platforms and services to scale their businesses and extend their subscriber relationships. Synacor delivers managed portals, advertising solutions, email and collaboration platforms, and cloud-based identity management. Founded in 2007, Centre Lane Partners is a private investment firm that invests in the equity and debt of middle market companies in North America.

The Canaccord Genuity team consisted of Andrew Pojani, David Istock, Jason Partenza, Corey Elliott, Damon Kim and Thomas Johnston.