SoftwareCompany
Avid M&A Summary
Avid has acquired 20 companies of its own, including 1 in the last 5 years. A total of 5 acquisitions came from private equity firms. It has also divested 2 assets.
Avid’s largest acquisition to date was in 2015, when it acquired Orad Hi Tec Systems for $60M. It’s largest disclosed sale occurred in 2008, when it sold Softimage to Autodesk for $35M. Avid has acquired in 5 different US states, and 6 countries. The Company’s most targeted sectors include software (64%) and media (16%).
Avid Ownership
Who owns Avid?
Avid is owned by Sixth Street Partners and STG. It was acquired on August 9, 2023.
Is Avid PE-backed?
Yes. Avid is owned by private equity investors Sixth Street Partners and STG.
Avid Business Overview
Where is Avid headquartered?
Avid is headquartered in Burlington, Massachusetts.
What is Avid’s revenue?
Avid disclosed revenue of 417M USD for 2022 and 410M USD for 2021.
How many employees does Avid have?
Avid has 1,485 employees.
What sector is Avid in?
Avid is a software company.
When was Avid founded?
Avid was founded in 1987.
M&A Summary
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M&A Total Activity21
- M&A Buy Activity19
- M&A Sell Activity2
- Total Sectors Invested 6
- Total Countries Invested 6
- M&A Buy/Sell Connections 8
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