Country for PR: United States
Contributor: PR Newswire New York
Thursday, July 08 2021 - 22:32
AsiaNet
EverCommerce Completes Acquisition of Timely, Leading Business Management Software for Beauty Industries
DENVER, July 8, 2021 /PRNewswire-AsiaNet/ --

  -- Acquisition expands EverCommerce product suite and market reach

EverCommerce ( 
https://c212.net/c/link/?t=0&l=en&o=3221108-1&h=2699020770&u=https%3A%2F%2Fcts.businesswire.com%2Fct%2FCT%3Fid%3Dsmartlink%26url%3Dhttp%253A%252F%252Fwww.evercommerce.com%252F%26esheet%3D52430552%26newsitemid%3D20210517005853%26lan%3Den-US%26anchor%3DEverCommerce%26index%3D1%26md5%3D8d580f980df4a026167d620fae40453d&a=EverCommerce 
) (Nasdaq: EVCM) ( 
https://c212.net/c/link/?t=0&l=en&o=3221108-1&h=701449126&u=https%3A%2F%2Fwww.nasdaq.com%2Fmarket-activity%2Fstocks%2Fevcm&a=EVCM 
) ("EverCommerce" or the "Company"), a leading service commerce platform, 
announced today that it completed the acquisition of Timely ( 
https://c212.net/c/link/?t=0&l=en&o=3221108-1&h=1348290650&u=https%3A%2F%2Fcts.businesswire.com%2Fct%2FCT%3Fid%3Dsmartlink%26url%3Dhttps%253A%252F%252Fwww.gettimely.com%252F%26esheet%3D52430552%26newsitemid%3D20210517005853%26lan%3Den-US%26anchor%3DTimely%26index%3D2%26md5%3Ded7930b98db6f83c0a908ed1e179afa8&a=Timely 
), a global appointment booking and business management software company used 
by spas and salons across the United Kingdom, Australia and New Zealand. Timely 
joins the EverCommerce suite of integrated SaaS solutions across business 
management, marketing, customer engagement, and billing and payments.

Logo - https://mma.prnewswire.com/media/1559850/EC_full_name_Logo.jpg

Timely offers simple, affordable, and reliable appointment booking and business 
management software for small salon and beauty businesses. Founded in 2011, 
Timely has grown to include 50,000 beauty professionals across 90 countries who 
use the cloud-based software to book more than 30 million appointments per year.

Timely joins the EverCommerce Fitness and Wellness portfolio that delivers 
tailored, integrated, and convenient experiences for its customers, while 
providing specialized functionality for business owners. EverCommerce drives 
streamlined day-to-day business operations, improved marketing effectiveness, 
and modernized engagement with customers. With this acquisition, EverCommerce 
will expand its product offerings and market reach in the salon and spa 
industry to the United Kingdom, Australia, and New Zealand markets.

About EverCommerce

EverCommerce is a leading service commerce platform, providing 
vertically-tailored, integrated SaaS solutions that help more than 500,000 
global service-based businesses accelerate growth, streamline operations, and 
increase retention. Its modern digital and mobile applications create 
predictable, informed, and convenient experiences between customers and their 
service professionals. Specializing in Home & Field Services, Health Services, 
and Fitness & Wellness industries, EverCommerce solutions include end-to-end 
business management software, integrated payment acceptance, marketing 
technology, and customer engagement applications. Learn more at 
EverCommerce.com ( 
https://c212.net/c/link/?t=0&l=en&o=3221108-1&h=4241456476&u=https%3A%2F%2Fcts.businesswire.com%2Fct%2FCT%3Fid%3Dsmartlink%26url%3Dhttps%253A%252F%252Fc212.net%252Fc%252Flink%252F%253Ft%253D0%2526l%253Den%2526o%253D3046952-1%2526h%253D4199196310%2526u%253Dhttps%25253A%25252F%25252Fc212.net%25252Fc%25252Flink%25252F%25253Ft%25253D0%252526l%25253Den%252526o%25253D3000795-1%252526h%25253D3164463685%252526u%25253Dhttps%2525253A%2525252F%2525252Fwww.evercommerce.com%2525252F%252526a%25253DEverCommerce.com%2526a%253DEverCommerce.com%26esheet%3D52430552%26newsitemid%3D20210517005853%26lan%3Den-US%26anchor%3DEverCommerce.com%26index%3D3%26md5%3D30f85b88f1adb5395cc32bb0301da556&a=EverCommerce.com 
).

About Timely

Founded in 2011, Timely offers simple, affordable, and reliable appointment 
software for small businesses in the beauty industry. Customers get innovative 
business management software, award-winning customer support, education from 
the biggest industry names globally and peer support. Today, Timely serves more 
than 50,000 service professionals in 90 countries who use the cloud-based 
platform to book over 30 million appointments a year. For more information on 
Timely, check out https://www.gettimely.com/about/.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of 
the Private Securities Litigation Reform Act of 1995. All statements other than 
statements of historical facts contained in this press release may be 
forward-looking statements. Statements regarding the anticipated benefits of 
the Timely acquisition are forward-looking statements. In some cases, you can 
identify forward-looking statements by terms such as ''may,'' ''will,'' 
''should,'' ''expects,'' ''plans,'' ''anticipates,'' ''could,'' ''intends,'' 
''targets,'' ''projects,'' ''contemplates,'' ''believes,'' ''estimates,'' 
''predicts,'' ''potential'' or ''continue'' or the negative of these terms or 
other similar expressions. The forward-looking statements in this press release 
are only predictions. We have based these forward-looking statements largely on 
our current expectations and projections about future events and financial 
trends that we believe may affect our business, financial condition, and 
results of operations. Forward-looking statements involve known and unknown 
risks, uncertainties and other important factors including, but not limited to, 
our limited operating history and our evolving business make it difficult to 
evaluate our future prospects and the risks and challenges we may encounter, 
our recent growth rates may not be sustainable or indicative of future growth 
and we expect our growth rate to slow, we have experienced net losses in the 
past and we may not achieve profitability in the future, we may continue to 
experience significant quarterly and annual fluctuations in our operating 
results due to a number of factors, which makes our future operating results 
difficult to predict, we may reduce our rate of acquisitions and may be 
unsuccessful in achieving continued growth through acquisitions, revenues and 
profits generated through acquisition may be less than anticipated, and we may 
fail to uncover all liabilities of acquisition targets, in order to support the 
growth of our business and our acquisition strategy, we may need to incur 
additional indebtedness or seek capital through new equity or debt financings 
and the important factors discussed under the caption "Risk Factors" in 
EverCommerce's prospectus, dated June 30, 2021, filed with the Securities and 
Exchange Commission ("SEC") in accordance with Rule 424(b) of the Securities 
Act on July 6, 2021, and our other filings with the SEC, that may cause our 
actual results, performance, or achievements to be materially different from 
any future results, performance or achievements expressed or implied by the 
forward-looking statements. These forward-looking statements speak only as of 
the date of this communication. Except as required by applicable law, we do not 
plan to publicly update or revise any forward-looking statements, whether as a 
result of any new information, future events or otherwise.

Source - EverCommerce

CONTACT: Aisling Babbitt, Director of Communications, Health Services, 
EverCommerce, ababbitt@evercommerce.com, 614/580-2576; Brian Denyeau, Managing 
Director, ICR Strategic Communications & Advisory, brian.denyeau@icrinc.com, 
646/277-1251