M&A Deal Summary

Altran Technologies SA Acquires Aricent

On November 17, 2017, Altran Technologies SA acquired software company Aricent from KKR for 2.0B USD

Acquisition Highlights
  • This is Altran Technologies SA’s 4th transaction in the Software sector.
  • This is Altran Technologies SA’s largest (disclosed) transaction.
  • This is Altran Technologies SA’s 3rd transaction in the United States.
  • This is Altran Technologies SA’s 2nd transaction in California.

M&A Deal Summary
Date 2017-11-17
Target Aricent
Sector Software
Buyer(s) Altran Technologies SA
Sellers(s) KKR
Deal Type Add-on Acquisition
Deal Value 2.0B USD
Advisor(s) J.P. Morgan Securities (Financial)
Simpson Thacher & Bartlett (Legal)

Target

Aricent

Santa Clara, California, United States
website
Aricent is a global digital leader in integrated design and engineering services, primarily serving clients of the Communications and Technology, Semiconductor and Software industries. Headquartered in Santa Clara (California), Aricent brings design and engineering capabilities to help its clients get to market faster, transform legacy products to digital, and create new revenue opportunities. Among the company’s assets is the iconic brand frog, which has with world-class design and client experience capabilities, outstanding knowledge and intellectual property for the Telecom, Software and Semiconductors industries. Aricent also has solid experience in shaping large engineering outsourcing deals and key capabilities in key emerging technologies including Artifical Intelligence, Cognitive Systems, Internet of Things and software frameworks.

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Buyer(S) 1

Buyer

Altran Technologies SA

Neuilly-sur-Seine, France

website

Category Company
Founded 1970
Sector Information Technology
Employees27,150
Revenue 1.9B EUR (2015)
DESCRIPTION

Altran Technologies SA is a provider in innovation and high?tech engineering consulting, Altran accompanies its clients in the creation and development of their new products and services.

DEAL STATS #
Overall 16 of 16
Sector (Software) 4 of 4
Type (Add-on Acquisition) 14 of 14
State (California) 2 of 2
Country (United States) 3 of 3
Year (2017) 3 of 3
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-28 NEXT Ingegneria dei Sistemi

Rome, Italy

NEXT Ingegneria dei Sistemi is an embedded software company which provides its customers with advanced software products and services. NEXT Ingegneria dei Sistemi was established in 1999 and is based in Rome, Italy.

Buy -

Seller(S) 1

SELLER

KKR

New York, New York, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1976
PE ASSETS 510.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
KKR's office in Menlo Park, California.
KKR's office in Menlo Park, California.

KKR is a global investment firm founded by Jerome Kohlberg, Henry Kravis, and George Roberts. The Firm is separated into several business segments including private markets, public markets, capital markets, and other principal activities. KKR's private equity practice invests in management buyouts, take privates, corporate divestitures, industry consolidations, and partnerships with family-owned companies. KKR will invest in a broad range of industries and companies and will consider businesses throughout North America, Europe, Asia, and Australia/New Zealand. Sectors of interest include chemicals, consumer products, energy and natural resources, financial services, healthcare, industrial, media/communications, retail, and technology. In addition to its traditional principal investment activity business, KKR also invests in infrastructure assets. KKR was formed in 1976 and is based in New York, New York.

DEAL STATS #
Overall 99 of 173
Sector (Software) 2 of 7
Type (Add-on Acquisition) 36 of 61
State (California) 7 of 15
Country (United States) 48 of 81
Year (2017) 10 of 13
Size (of disclosed) 18 of 38
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-07 Jitterbit

Alameda, California, United States

Jitterbit is a provider of web-based tools for building and deploying integrations between applications. The Jitterbit API integration platform enables companies to rapidly connect SaaS, on-premise, and cloud applications and instantly infuse artificial intelligence into any business process. Jitterbit was founded in 2004 and is based in Alameda, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-21 Zenobe

London, United Kingdom

Zenobe is a developer, owner, and operator of battery storage assets. Zenobe provides a range of energy storage services to National Grid Electricity Transmission with grid-scale batteries as well as charging solutions for EV bus operators and other applications. Zenobe was formed in 2017 and is based in London.

Buy -
Mergr

Product

Company

Legal