Thryv Holdings, Inc. (NASDAQ:THRY), the provider of Thryv®
software, the end-to-end client experience platform for small
businesses, announced the Company is expected to be included in the
Russell 2000® Index and the broad-market Russell 3000® Index
effective after the U.S. market opens on June 28, 2021, as part of
the annual reconstitution of the Russell stock indexes.
"We’re pleased to have earned our inclusion in the Russell 2000®
Index, one of the most widely cited performance benchmarks for
emerging U.S. companies," said Joe Walsh, CEO and president of
Thryv. "This is an important milestone for Thryv after listing on
the Nasdaq in 2020 - and increases our exposure to the broader
investment community as we continue to be a category leader and
complete platform for small-to-medium sized businesses.”
Membership in the Russell 2000® Index means automatic inclusion
in the broader Russell 3000® Index as well as in the appropriate
growth and value style indexes. The Russell 3000® Index encompasses
the 3,000 largest U.S.-traded stocks by objective,
market-capitalization rankings, and style attributes. Membership in
these indexes is updated annually and remains in place for one
year.
The Russell U.S. Indexes are widely used by investment managers
and institutional investors for index funds and as benchmarks for
active investment strategies. Approximately US$10.6 trillion in
assets are benchmarked against Russell U.S. Indexes. Russell U.S.
Indexes are part of FTSE Russell, a leading global index
provider.
For more information on the Russell 3000® Index and the Russell
indexes reconstitution, go to the “Russell Reconstitution” section
on the FTSE Russell website.
About Thryv Holdings, Inc.
The company owns the easy-to-use Thryv® end-to-end customer
experience software built for small business that helps over 40,000
SaaS clients with the daily demands of running a business. With
Thryv, they can get the job, manage the job and get credit. Thryv’s
award-winning platform provides modernized business functions,
allowing small-to-medium-sized businesses (SMB) to reach more
customers, stay organized, get paid faster and generate reviews.
These include building a digital customer database, automated
marketing through email and text, updating business listings across
the internet, scheduling online appointments, sending notifications
and reminders, managing ratings and reviews, generating estimates
and invoices and processing payments.
Thryv supports franchise operators and multi-location business
owners with Hub by Thryv™, a software console that enables
businesses managers to oversee their operations using the Thryv
software.
Thryv also connects local businesses to consumer services
through our search, display and social media management products,
our print directories featuring The Real Yellow Pages® tagline, and
our local search portals, which operate under the DexKnows.com®,
Superpages.com® and Yellowpages.com URLs and reach some 35 million
monthly visitors. For more information about the company, visit
thryv.com.
Thryv delivers business services to more than 360,000 SMBs
across America that enable them to compete and win in today’s
economy.
On March 1, 2021, Thryv announced it closed the acquisition of
Sensis, Australia’s leading digital, marketing and directory
services provider, which helps Australians connect and engage
through its leading platforms, digital consumer businesses (Yellow,
White Pages, True Local and Whereis), search engine marketing and
optimization services, website products, social, data and mapping
solutions, and through its digital agency Found. Sensis is also
Australia’s largest print directory publisher including the Yellow
and White Pages.
Headquartered in Melbourne, Sensis has a sales presence in all
states and territories across Australia.
Learn more about Thryv on LinkedIn and Medium.
About FTSE Russell
FTSE Russell is a global index leader that provides innovative
benchmarking, analytics and data solutions for investors worldwide.
FTSE Russell calculates thousands of indexes that measure and
benchmark markets and asset classes in more than 70 countries,
covering 98% of the investable market globally.
FTSE Russell index expertise and products are used extensively
by institutional and retail investors globally. Approximately $17.9
trillion is currently benchmarked to FTSE Russell indexes. For over
30 years, leading asset owners, asset managers, ETF providers and
investment banks have chosen FTSE Russell indexes to benchmark
their investment performance and create ETFs, structured products
and index-based derivatives.
A core set of universal principles guides FTSE Russell index
design and management: a transparent rules-based methodology is
informed by independent committees of leading market participants.
FTSE Russell is focused on applying the highest industry standards
in index design and governance and embraces the IOSCO Principles.
FTSE Russell is also focused on index innovation and customer
partnerships as it seeks to enhance the breadth, depth and reach of
its offering.
FTSE Russell is wholly owned by London Stock Exchange Group. For
more information, visit www.ftserussell.com.
Forward-Looking Statements Disclaimer
This release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended
and Section 21E of the Securities Exchange Act of 1934, as amended.
In this context, forward-looking statements often address expected
future business and financial performance and financial condition,
and often contain words such as "expect," "anticipate," "intend,"
"plan," "believe," "seek," "see," "will," "would," "target,"
similar expressions and variations or negatives of these words..
All forward-looking statements are inherently uncertain as they are
based on current expectations and assumptions concerning future
events or future performance of the Company. Readers are cautioned
not to place undue reliance on these forward-looking statements,
which are only predictions and speak only as of the date hereof. In
evaluating such statements, prospective investors should review
carefully various risks and uncertainties identified in this
release and matters set out in the Company's SEC filings. These
risks and uncertainties could cause the Company's actual results to
differ materially from those indicated in the forward-looking
statements.
Media Contact:
Paige Blankenship
Thryv, Inc.
972.453.3012
paige.blankenship@thryv.com
Investor Contact:
Cameron Lessard
Thryv, Inc.
214.773.7022
cameron.lessard@thryv.com
KJ Christopher
Thryv, Inc.
972.453.7068
KJ.Christopher@thryv.com
###
Paige Blankenship
Thryv, Inc.
972.453.3012
paige.blankenship@thryv.com
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