Cantor Fitzgerald Ireland Clients Achieve Strong Return in NewsWhip Sale to Sprout Social
We’re pleased to share a successful outcome for clients following the acquisition of NewsWhip by Nasdaq-listed Sprout Social for a consideration of $55 million.
Founded in Dublin, NewsWhip is a leading media intelligence and predictive analytics platform, used by global newsrooms, brands, and agencies to monitor and forecast how stories will spread across social media. The company has earned a reputation as a key tool for real-time media monitoring and content strategy, counting major global organisations among its clients.
Sprout Social, a US-based public company, provides social media management and analytics software to more than 30,000 brands worldwide. Its acquisition of NewsWhip reflects a strategic move to expand its capabilities in media prediction and deepen its insights offering for enterprise clients.
Cantor Fitzgerald Ireland clients invested in Newswhip under the Employment and Investment Incentive Scheme. This outcome highlights Cantor Fitzgerald Ireland’s continued commitment to supporting high-potential private market opportunities for its clients through its Corporate Finance Division.