"We have always built Brandwatch with ambition. That was recognized by Forrester, who recently named us as a leader in our space," said Giles Palmer, founder and CEO of Brandwatch. "Now is the time to take the next step – joining a company of significant scale to create a business and a suite of products that can have an important global impact. We are excited to join Abel and the Cision team to supercharge our work and bring even more value to our customers." Brandwatch was named a Leader in The Forrester Wave™: Social Listening Platforms, Q4 2020. The deal is expected to close in the second quarter of 2021. Macquarie Capital acted as an exclusive financial adviser to Brandwatch on this transaction. Cooley LLP acted as legal counsel to Brandwatch. Gibson, Dunn & Crutcher LLP acted as M&A legal counsel, Willkie Farr & Gallagher LLP acted as financing legal counsel and Latham & Watkins LLP acted as regulatory counsel to Cision.
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