Atlassian - M&A Summary and Business Overview

Internet Software And ServicesCompany

Atlassian M&A Summary

Atlassian has acquired 14 companies, including 4 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 3 assets.

Atlassian’s largest acquisition to date was in 2017, when it acquired Trello for $425M. Atlassian has acquired in 5 different US states, and 6 countries. The Company’s most targeted sectors include internet software and services (86%) and software (15%).

Atlassian Business Overview

Where is Atlassian headquartered?

Atlassian is headquartered in Sydney, Australia.

What is Atlassian’s revenue?

Atlassian disclosed revenue of 3,535M USD for 2023 and 2,803M USD for 2022.

How many employees does Atlassian have?

Atlassian has 5,752 employees.

What sector is Atlassian in?

Atlassian is an internet software and services company.

When was Atlassian founded?

Atlassian was founded in 2002.

M&A Summary

  • M&A Total Activity17
    • M&A Buy Activity14
    • M&A Sell Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 6
  • M&A Buy/Sell Connections 5

Atlassian

Atlassian Corporation Plc

Level 6, 341 George Street,
Sydney, 2000
Australia,
+61 2 9262 1443
www.atlassian.com

Atlassian is a software company specializing in providing a suite of collaboration and productivity tools tailored for teams across various industries. Their flagship products include Jira, a project management tool facilitating issue tracking and agile methodologies, Confluence, a collaborative platform enabling teams to create, share, and coordinate on documents and projects seamlessly, Bitbucket, a Git-based version control system facilitating code collaboration and management, Trello, a visual project management tool utilizing boards and cards for streamlined task organization, and Jira Service Management, empowering IT and customer service teams to deliver support experiences. Atlassian was formed in 2002 and is based in Sydney, New South Wales.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 12 1 - - 1 - 14
vol $886M $886M
Sell (0.2/yr) # 2 - - 1 - - 3
  17

Most Recent M&A

Company Date Value Type
Loom, Inc. 2023-10-12 - Add-on Acquisition
San Francisco, California · www.loom.com
Numbered Headings 2022-01-21 - Divestiture
Sydney, Australia
Halp, Inc. 2020-05-12 - Add-on Acquisition
Boulder, Colorado · www.halp.com
Code Barrel Pty Ltd 2019-10-17 - Add-on Acquisition
Surry Hills, Australia · www.codebarrel.io
AgileCraft LLC 2019-03-18 166M USD Add-on Acquisition
Georgetown, Texas · www.agilecraft.com
Jitsi 2018-10-29 - Divestiture
Sydney, Australia · www.jitsi.org
OpsGenie, Inc. 2018-09-04 295M USD Add-on Acquisition
Boston, Massachusetts · www.opsgenie.com
Capture for Jira 2017-11-13 - Divestiture
Sydney, Australia
Trello, Inc. 2017-01-09 425M USD Add-on Acquisition
New York, New York · www.trello.com
StatusPage 2016-07-14 - Add-on Acquisition
Denver, Colorado · www.statuspage.io
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 12 (86%) 720M (81%) 2 (67%) -
Software 2 (14%) 166M (19%) 1 (33%) -
Total 14 $886M 3 -

By Geo

State/Country Buy Value Sell Value
United States 9 591M - -
  California 4 - - -
  Colorado 2 - - -
  Texas 1 166M - -
  New York 1 425M - -
Australia 1 - 3 -
Denmark 1 - - -
France 1 - - -
Germany 1 - - -
United Kingdom 1 295M - -
  Massachusetts 1 295M - -
Domestic 1 (7%) - 3 (100%) -
Cross-border 13 (93%) 886M (100%) - -
Total 14 $886M 3 -

Deal Values

buy # Total
$100M to $1B 3 $886M
TOTAL $886M
Largest Trello, Inc.
$425M (2017-01-09)

M&A Connections

Deals
Acquired from
Investor(s)
14%
2 (14%)
Divested to
Strategic(s)
100%
3 (100%)

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