Business Wire IndiaGallant Capital Partners (“Gallant”) announced today that it has closed on its acquisition of Altify (the “Company”). Altify is a leading sales enablement software platform that provides mission critical sales transformation to enterprise companies. Altify’s account planning AI cloud drives predictable and sustainable revenue growth. As part of the transaction, Gallant is partnering with Patrick Morrissey and Anthony Reynolds, who are returning to lead the Company as CEO and Executive Board Member, respectively.
“Altify is a market leader in the sales enablement and revenue optimization sector, with a long history of delivering tangible ROI to its customers. We are excited to partner with Patrick and Anthony to drive growth as a standalone business,” said Jon Gimbel, Partner at Gallant.
“Altify’s account planning AI platform is clearly differentiated and essential to its blue-chip customer base,” added Chris Suen, Managing Director at Gallant. “We see significant opportunity to invest back into the business to further expand the platform’s capabilities to even better serve its customers.”
“This acquisition represents Gallant’s third corporate carveout in the past year, and highlights Gallant’s steadfast commitment to being a trusted partner to corporate sellers and management teams. We are confident that Altify will thrive as a standalone business under our ownership,” added Anthony Guagliano, Partner at Gallant.
“I’m excited to return to Altify and lead the team as CEO. Partnering with Gallant will fuel our growth and help us deliver impact to our customers. Gallant’s collaborative approach, deep operational experience, and capital to fuel investment in our software platform will allow us to better serve our customers’ evolving needs. The entire team at Altify is very excited about the future and the incredible opportunities that lie ahead for the Company,” continued Patrick Morrissey.
About Altify
Altify is the account planning AI cloud for revenue teams that use Salesforce. Delivering a combination of methodology, sales process, and AI enabled technology, Altify enables world-class sales organizations to solve problems, grow relationships, and win more opportunities. Built natively on the Salesforce Platform, Altify’s account planning platform helps thousands of salespeople, sales leaders, and revenue teams achieve sustained customer revenue optimization and sales success. Learn more at www.altify.com.
About Gallant
Gallant Capital Partners is a private equity firm that invests in technology, business services, and industrial companies. Gallant executes an operationally focused investment strategy with a priority on partnering closely with companies that can benefit from its extensive industry relationships and operating expertise. The firm partners with owners, founders, and management teams to maximize value and drive long-term, sustainable growth for its portfolio companies. Gallant was founded in 2018 and is headquartered in Los Angeles. For more information, visit www.gallantcapital.com.
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