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    Cinven to Acquire Salsify

    BOSTON – July 22, 2026 – International private equity firm, Cinven, today announces that it has agreed to acquire Salsify, Inc. (‘the Company’ or ‘Salsify’), a leading cloud-native provider of Product Experience Management (‘PXM’) software solutions. Financial terms of the transaction were not disclosed.

    Founded in 2012, Salsify’s global operations span North America, Europe, and Australia, and the Company is headquartered in Boston, Massachusetts. Salsify helps brands manage and share accurate, up-to-date product information with online retailers that sell their products. Brands use Salsify's platform as a single home for their product data, which Salsify autonomously formats and syndicates to match each retailer's specific and frequently changing requirements. Salsify has established a network of more than 2,000 customers, including many of the world’s leading consumer brands, publishing approximately 750 million products across 2,600 commerce destinations for more than 70,000 active users.

    The investment by the Cinven funds draws on Cinven’s deep Technology, Media, and Telecommunications (TMT) and Consumer expertise and track record, and reflects conviction in the value creation potential of Salsify. The investment opportunity is underpinned by attractive characteristics, including:

    • Large, structurally growing addressable market: Salsify operates in a growing product experience management market, underpinned by long-term e-commerce tailwinds including accelerating digital adoption, growing brand and SKU proliferation, and increasing sales channel complexity;

    • Differentiated, business-critical platform: Salsify’s platform is integral to customers’ day-to-day product management and distribution workflows;

    • Strong growth track record and business model: Long track record of strong organic growth, underpinned by compelling network effects between globally leading brands and retailers, recurring revenues and high customer retention through the cycle;

    • Well positioned to drive value from AI: Well-placed to serve as an essential data layer, as agentic commerce reinforces the strategic value for brands to maintain rich, structured and timely product data across multiple digital shopfronts; and

    • Attractive opportunity for organic and inorganic growth: Salsify has a clear runway for growth, including in Europe, other international markets, and further expansion in the US; and into adjacent products and modules, and industry verticals.

    Daniel Garin, Partner at Cinven, and John Cuyulis, Senior Principal at Cinven, said:

    “We are delighted to announce the Cinven funds’ investment in Salsify, a business that exemplifies the qualities we seek in a transformative software investment, including a large and growing addressable market, a highly differentiated platform, and outstanding customer loyalty, all translating into a best-in-class financial profile. Salsify’s differentiated, cloud-native platform and proven track record of serving the world’s most recognized consumer brands make it one of the stand-out players in the industry. The Company’s core proposition, strong customer advocacy and impressive growth prospects align perfectly with Cinven’s strategic vision. We look forward to Cinven partnering with Piyush and his team, and to contributing Cinven’s extensive software and consumer sector expertise to support Salsify’s next phase of growth, including the significant untapped market opportunity in Europe.”

    Maxim Crewe, Partner, Head of Sectors and Countries, at Cinven, added:

    “The investment in Salsify underscores Cinven’s ability to deploy our differentiated sector-country matrix, bringing together both our TMT and Consumer sector teams and leveraging our North America and European platforms. What makes Cinven a differentiated partner for Salsify is our proven TMT value-creation playbook coupled with our Consumer sector team’s deep knowledge and relationships with the brands Salsify serves, built over decades of investing by the Cinven funds in consumer and Consumer Packaged Goods (CPG) businesses. We look forward to building on Salsify’s exceptionally strong foundation and creating long-term value.”

    Piyush Chaudhari, CEO of Salsify, stated:

    “Cinven’s conviction in our vision and its recognition of our platform, market opportunity, and customer momentum reinforce the strength of all that our team has built to date. Combining this foundation with Cinven’s expertise in software and global growth, alongside its Consumer sector team's deep knowledge of CPG brands, end markets, and e-commerce, we are well positioned to accelerate our expansion into new geographies and customer segments, invest further in product innovation, and unlock even more value for our customers. I’m thrilled to welcome Cinven as our new partner as we begin an exciting new chapter for Salsify.”

    The transaction is subject to regulatory approvals and other customary closing conditions.

    Moelis & Company LLC served as financial advisor to Salsify.

    About Cinven

    Cinven is a leading international private equity firm focused on building world-class global and European companies. Its funds invest in six key sectors: Business Services, Consumer, Financial Services, Healthcare, Industrials and Technology, Media and Telecommunications (TMT). Cinven has offices in London, New York, Frankfurt, Paris, Milan, Madrid, Guernsey and Luxembourg.

    Cinven takes a responsible approach towards its portfolio companies, their employees, suppliers, local communities, the environment and society.

    In this press release ‘Cinven’ means, depending on the context, any of or collectively, Cinven Holdings Guernsey Limited, Cinven Partnership LLP, and their respective Associates (as defined in the Companies Act 2006) and/or funds managed or advised by any of the foregoing.

    For additional information on Cinven please visit www.cinven.com and www.linkedin.com/company/cinven/.

    About Salsify

    Salsify helps thousands of brand manufacturers, distributors, and retailers in over 140 countries win on the digital and agentic shelves. The company’s Product Experience Management (PXM) platform enables organizations to centralize all of their product content, connect to the commerce ecosystem, and automate business processes to deliver the best possible product experiences across every selling destination and agentic commerce opportunity.

    Learn how the world’s largest brands, including Mars, L'Oreal, The Coca-Cola Company, Bosch, and ASICS, as well as retailers and distributors, such as DoorDash, E.Leclerc, Carrefour, Metro, and Intermarché use Salsify every day to drive efficiency, power growth, and lead the digital shelf. For more information, please visit: www.salsify.com.