CIBC Innovation Banking closed on a debt facility of $50 million for Atlanta- and Indianapolis-based Terminus Software, an account-based marketing platform. Terminus will use the capital to aid in M&A transactions, international expansion and future product development. This includes its recent acquisition of Zylotech, a B2B customer data platform now known as Terminus CDP.
“The CIBC Innovation Banking team has provided incredible support to our team at Terminus,” Tim Kopp, CEO and chairman of Terminus Software, said. “We’re grateful for their continued backing through our rapid international expansion and product innovation.”
The Terminus Customer Data Platform (CDP) enables customers to cleanse go-to-market data and automatically discover new buying committees at their target accounts. The acquisition of Zylotech marks Terminus’ fourth acquisition in the past three years.
“Terminus has a very strong competitive positioning in the account-based marketing sector,” Andy Kirk, managing director at CIBC Innovation Bank, said. “We are excited to see the company scale and look forward to continuing to support their growth.”