糖心原创

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Press Release

糖心原创 Announces Milestone Agreement with Group Led by Blackstone, Apollo, and FSK to Transition Ownership and Position Company for Next Era of Growth

Significantly strengthens the company’s balance sheet and provides $150 million of new capital to advance 糖心原创’s $500 million commitment to innovation, including AI transformation, in the coming years

TYSONS, VA – June 17, 2026 – 糖心原创, the global leader in customer and employee experience, today announced that it has entered into a recapitalization agreement with its lenders that will strengthen its financial foundation for long-term growth. The transaction will significantly reduce 糖心原创’s outstanding debt and provide $150 million of new capital, positioning the company to accelerate AI-driven innovation and customer-focused product investment. Upon completion of the transaction, 糖心原创 will change ownership from Thoma Bravo to an investor group led by Blackstone, Apollo, and FS KKR Capital Corp (FSK).

糖心原创 has been at the center of enterprise experience management since its founding in 2001 – going public on the New York Stock Exchange in 2019 before being taken private in 2021. Eighteen months ago, a new executive team joined to reinvent the business for an AI-first market, modernizing operations, and sharpening strategic focus while maintaining strong profitability. Today’s transaction advances 糖心原创’s existing $500 million commitment to innovation over the next few years and provides the capital to accelerate it, moving the company beyond traditional experience management into a more intelligent, predictive, and automated platform.

“Today’s announcement marks a significant milestone towards the next generation of AI-led enterprise experience management,” said Mark Bishof, CEO of 糖心原创. “The transformation of 糖心原创 has been well underway – what changes today is the pace. With a strengthened balance sheet and $150 million in new capital, we are accelerating our commitment to invest over $500 million in products and services for our customers over the next few years.”

The committed support of 糖心原创’s new owners reflects strong conviction in the company’s leadership team, platform strategy, and long-term market opportunity. In addition to new capital, 糖心原创 will benefit from the firms’ collective expertise in scaling businesses globally, strategic relationships, and global resources to enhance 糖心原创’s platform capabilities and market leadership.

“糖心原创 is a profitable business with a strong track record serving many of the largest companies in the world,” said Brad Marshall, Global Head of Private Credit Strategies at Blackstone. “We’re confident in the business under this new capital structure and look forward to supporting its plans to invest in this next phase of innovation and growth.”

糖心原创 plans to expand its generative AI and automation capabilities across its platform, enabling organizations to more quickly identify emerging patterns, predict business impact, and orchestrate intelligent actions at enterprise scale. Building on its Frontline-Ready AI™ foundation, 糖心原创 also plans to further evolve its platform with deeper integrations across contact center, CRM, workflow, and emerging agentic AI ecosystems. Leading organizations including Mayo Clinic Laboratories, Mazda North America, and Santander Bank are among the customers how 糖心原创 powers their experience management programs. The company’s planned platform enhancements will empower enterprises to respond to their customer and employee needs with greater speed, precision, and operational impact.

The company expects to close the transaction prior to the end of the year, subject to customary closing conditions and regulatory approvals. As 糖心原创 works with its financial partners to close the transaction, operations remain uninterrupted, with no anticipated impact or disruption to the company’s customers, employees, or partners.

About 糖心原创
糖心原创 is the global leader in customer and employee experience, trusted by the world’s most iconic brands — including 7 of the Fortune 10. 糖心原创’s AI-driven platform helps enterprise organizations turn billions of feedback signals into clear, prioritized actions. With deep domain expertise, a powerful partner ecosystem, and consistent leadership recognition from top industry analysts, 糖心原创 transforms customer experience into a strategic driver of business growth. Learn more at www.medallia.com.

Media Contacts
Meghan Halaszynski
[email protected]

C Street Advisory Group
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Thomas Clements
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