Zuora, Inc. has agreed to be acquired by Silver Lake and GIC in a transaction valued at $1.7 billion, transitioning to a privately held company to enhance growth in the Subscription Economy.

Information on the Target

Zuora, Inc. (NYSE: ZUO) is a prominent player in the monetization software sector, focusing on facilitating modern businesses' revenue generation through subscription and usage-based models. The company's robust platform enables organizations to optimize their billing, payments, and revenue accounting processes, catering to a diverse clientele including major corporations such as General Motors and The New York Times. As a result of its innovative solutions, Zuora has established itself as a leader in the Subscription Economy, providing essential tools for complex revenue models.

Founded with the vision to transform how companies monetize their services, Zuora has garnered a substantial customer base of over 1,000 clients worldwide. The company's headquarters is located in Redwood City, California, from where it operates additional offices across the Americas, EMEA, and APAC. With a focus on customer-centric revenue generation strategies, Zuora’s technology is critical for helping businesses adapt to shifting market demands.

Industry Overview in the Target’s Specific Country

The Subscription Economy has witnessed remarkable growth globally, with the United States at the forefront of this transformation. As companies increasingly embrace recurring revenue models, the demand for sophistica