- Allowed Clickability to proliferate its product by combining with a strong distribution partner.
- Allowed Limelight to distinguish its cloud-based service platform by adding a best-of-breed WCM platform.
- Allowed Limelight to move up the value stack and diversify away from the commoditized CDN market.
Overview
On May 2, 2011, Limelight Networks acquired Clickability, a leading SaaS web content management company.
Clickability previously worked with another bank, which resigned after being unable to find a buyer.
Significance
Catapult’s role
- Assisted Clickability in finding a buyer by capitalizing on opportunities the previous banker failed to consider.
- Used an offer from one of the largest global software companies as leverage in price and timing discussions.
“Catapult Advisors came highly recommended to us and they certainly lived up to their reputation. Their understanding of the WCM market and their strong network of relationships in the software space were critical to us achieving such a great outcome. They were focused, persistent and knowledgeable, everything you could ask for in an advisor.”
