{"id":946275,"date":"2026-03-23T09:33:17","date_gmt":"2026-03-23T13:33:17","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/banzai-reaches-deal-to-acquire-assets-of-connectandsell-a-profitable-company-more-than-doubling-annual-revenue-and-expanding-ai-platform-capabilities\/"},"modified":"2026-03-23T09:33:17","modified_gmt":"2026-03-23T13:33:17","slug":"banzai-reaches-deal-to-acquire-assets-of-connectandsell-a-profitable-company-more-than-doubling-annual-revenue-and-expanding-ai-platform-capabilities","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/banzai-reaches-deal-to-acquire-assets-of-connectandsell-a-profitable-company-more-than-doubling-annual-revenue-and-expanding-ai-platform-capabilities\/","title":{"rendered":"Banzai Reaches Deal to Acquire Assets of ConnectAndSell, a Profitable Company, More Than Doubling Annual Revenue and Expanding AI Platform Capabilities"},"content":{"rendered":"
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\n ConnectAndSell is a Leading AI Sales Acceleration Platform Serving B2B Organizations Across Healthcare, Financial Services & Technology Industries<\/em>\n <\/p>\n

\n Proposed Acquisition Strengthens Banzai\u2019s Marketing and Sales Software Platform with Established Revenue-Generating Business<\/em>\n <\/p>\n

\n Expected to Close in Q2 – 2026 and Management to Review on Upcoming Conference Call on Tuesday, March 31, 2026 at 4:30 p.m. Eastern Time<\/em>\n <\/p>\n

SEATTLE, March 23, 2026 (GLOBE NEWSWIRE) — Banzai International, Inc.<\/u><\/a> (Nasdaq: BNZI) (\u201cBanzai\u201d or the \u201cCompany\u201d), a leading AI marketing technology company, today announced that it has reached an agreement on terms to acquire assets of ConnectAndSell, Inc.<\/u><\/a> (\u201cConnectandSell\u201d), an AI-powered sales enablement platform serving B2B organizations across financial services, healthcare, technology, and other industries. The acquisition is expected to increase Banzai\u2019s annual revenue by approximately $15 million. The two companies have executed a non-binding letter of intent, and the final transaction is expected to close in early Q2 2026, subject to execution of a definitive agreement and closing conditions.<\/p>\n

ConnectAndSell\u2019s AI-powered platform is designed to improve seller productivity by helping sales teams spend more time in live conversations with qualified decision-makers. The proposed acquisition would add sales acceleration capabilities to Banzai\u2019s platform and expand the Company\u2019s ability to support customers across a broader portion of the revenue generation process.<\/p>\n

Banzai believes the addition of ConnectAndSell would strengthen its position as a provider of integrated marketing and sales technology solutions while creating meaningful cross-sell opportunities across both companies\u2019 customer bases. The transaction would also further Banzai\u2019s strategy of building a broader platform of practical, revenue-generating software solutions.<\/p>\n

\u201cConnectAndSell has a highly complementary sales acceleration capability,\u201d said Joe Davy, Founder and CEO of Banzai. \u201cWe believe the proposed acquisition aligns well with our strategy of acquiring proven AI-powered business solutions. This transaction would expand Banzai\u2019s platform across more of the go-to-market process and create additional opportunities for customer expansion across our platform.\u201d<\/p>\n

\n Financial and Strategic Benefits<\/strong>\n <\/p>\n