Clearlake Capital and Siris-Backed Constant Contact Names Software Industry Veterans Frank Vella and Michael Pellegrino as CEO and CFO
Cloud-based digital marketing leader Constant Contact, Inc, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and Siris Capital Group, LLC (“Siris”), today announced that Frank Vella has joined Constant Contact as CEO and Michael Pellegrino has joined as CFO. The appointments come after a $400 million growth equity investment by Clearlake and Siris funding Constant Contact’s spin-out from Endurance International Group Holdings, Inc. announced in February.
“We are thrilled to welcome Frank and Michael, and look forward to partnering with them to re-establish Constant Contact as an independent, growth-oriented platform,” said James Pade, Partner and Managing Director at Clearlake, and Tyler Sipprelle, Managing Director at Siris. “We are confident in their ability to accelerate and expand upon Constant Contact’s commitment to bringing innovative, best-in-class digital marketing solutions that transform the ways SMBs use data to improve their marketing initiatives.”
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Mr. Vella is an accomplished leader who brings more than 20 years of transformative technology leadership and has effectively scaled software platforms across industries. Most recently, Mr. Vella served as CEO of Information Builders, a private equity-backed SaaS data and analytics platform acquired by TIBCO Software Inc. He has also built best-in-class operations at various tech firms across the globe, including industry leaders Microsoft, GE Capital, HP Enterprise and Xerox.
“I am excited to lead Constant Contact into this next chapter as a standalone company and growth platform,” said Mr. Vella. “Constant Contact pioneered digital marketing solutions for SMBs and has invested heavily to develop dynamic tools to support data-driven business decisions. With the carve-out, Constant Contact is at an exciting inflection point, and I will be working closely with the team to honor its legacy and further accelerate innovation and organic and inorganic growth.”
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Mr. Vella is joined by Mr. Pellegrino, who has a proven track-record of strategic financial leadership. Prior to Constant Contact, Mr. Pellegrino served as the COO of SumTotal Systems, LLC, and CFO of Skillsoft, where he led finance teams for more than 14 years. Mr. Pellegrino started his career at EY.
“Constant Contact is a well-known leader in digital marketing,” said Mr. Pellegrino. “I am thrilled to partner with the Company’s talented team to help drive our reinvestment in growth and acquisition strategy, as Constant Contact continues to scale as a broader platform and bring new solutions to its customer base.”