Altify: Gallant Capital Partners Acquires Leading Sales Enablement Platform
Deal News | Mar 17, 2025 | Gallant Capital Partners LLC
Gallant Capital Partners, a private equity firm, has successfully acquired Altify, a prominent sales enablement software platform specializing in account planning AI for enterprise companies. Known for its significant contribution to revenue optimization, Altify will continue to operate under the leadership of Patrick Morrissey as CEO, alongside Executive Board Member Anthony Reynolds. Gallant Capital aims to leverage its expertise and capital to enhance Altify’s platform capabilities and foster its growth as an independent entity. This acquisition underscores Gallant's dedication to corporate carveouts, marking its third such transaction in a year, and consolidates its position as a valuable partner for corporations looking to divest. The partnership promises to drive Altify's innovation further, expanding its value proposition to a broad spectrum of blue-chip clients.
Sectors
- Private Equity
- Software Development
Geography
- United States – Gallant Capital Partners and Altify are both based in the United States, specifically in Los Angeles, where the deal was announced.
Industry
- Private Equity – This industry classification pertains to Gallant Capital Partners, which is an investment firm engaging in purchasing and optimizing portfolio companies like Altify.
- Software Development – Relevant to Altify which develops an AI-driven sales enablement and account planning platform, built on the Salesforce cloud.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Gallant Capital Partners LLC | Acquirer | Company | A private equity firm that acquires and optimizes portfolio companies, including Altify. |
| Altify | Target | Company | A leading global sales enablement software platform specializing in account planning AI for enterprise companies, acquired by Gallant Capital Partners. |
| Patrick Morrissey | CEO of Altify | Person | Returning to Altify to lead the company as CEO, collaborating with Gallant Capital to drive growth. |
| Anthony Reynolds | Executive Board Member of Altify | Person | Returning with Patrick Morrissey to guide Altify's strategic direction post-acquisition. |