-

SHAREHOLDER NEWS: Johnson Fistel Investigates Proposed Sale of EngageSmart to Vista Equity. Is $23.00 a Fair Price?

SAN DIEGO--(BUSINESS WIRE)--Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of EngageSmart, Inc. (NYSE: ESMT) (“EngageSmart” or “the Company”) breached their fiduciary duties in connection with the proposed sale of the Company by an affiliate of Vista Equity Partners ("Vista").

You can click or copy and paste the following link to join this investigation:
https://www.cognitoforms.com/JohnsonFistel/EngageSmartInc

On October 23, 2023, EngageSmart announced that it had entered a deal to merge with Vista. Under the terms of the deal, EngageSmart shareholders will receive $23.00 per share in an all-cash offer.

Johnson Fistel is investigating whether the proposed deal represents adequate consideration, especially given one analyst's price target is currently $40.00.

The investigation concerns whether the EngageSmart board failed to satisfy its duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for EngageSmart shares of common stock.

If you are a shareholder of EngageSmart and believe the proposed buyout price is too low or you're interested in learning more about the investigation, please contact lead analyst Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If emailing, please include a phone number.

About Johnson Fistel, LLP:

Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com.

Attorney advertising.
Past results do not guarantee future outcomes.
Services may be performed by attorneys in any of our offices.

Johnson Fistel, LLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content.

Contacts

Johnson Fistel, LLP
James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471
jimb@johnsonfistel.com or fjohnson@johnsonfistel.com

Industry:

Johnson Fistel, LLP

NYSE:ESMT
Release Versions
English

Contacts

Johnson Fistel, LLP
James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471
jimb@johnsonfistel.com or fjohnson@johnsonfistel.com

More News From Johnson Fistel, LLP

Snowflake Inc. (SNOW) Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses

SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, PLLP is investigating whether Snowflake Inc. (NYSE: SNOW) or its executive officers complied with the federal securities laws. The investigation focuses on investors’ losses and whether they may be recovered under federal securities laws. What if I purchased Snowflake securities? If you purchased Snowflake securities and suffered losses on your investment, join our investigation now: Click Here to Join the Investigation. Or for more information, conta...

Chagee Shareholders are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses

SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, PLLP is investigating whether Chagee Holdings Limited (“Chagee”) (NASDAQ: CHA) or any of its executive officers violated securities laws by misrepresenting or failing to timely disclose information to investors. The investigation focuses on investors’ losses and whether they may be recovered under federal securities laws. On August 29, 2025, Chagee reported its second-quarter 2025 financial results. During the subsequent earnings call, the Company dis...

Johnson Fistel Investigates the Grindr Board for Potential Breaches of Fiduciary Duties Relating to the Grindr Buyout Termination

SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, PLLP announces an investigation into potential breaches of fiduciary duty by the Board of Directors of Grindr Inc. (NYSE: GRND). The investigation concerns the Board’s decision to terminate negotiations with Grindr’s controlling stockholder and whether that decision—and related recent corporate actions—were consistent with the duties owed to all stockholders, particularly minority holders. We are reviewing whether the Board’s choices may have impacted...
Back to Newsroom