LogMeIn - M&A Summary, Ownership, and Business Overview

Internet Software And ServicesCompany

LogMeIn M&A Summary

LogMeIn has acquired 10 companies of its own. A total of 1 acquisition came from private equity firms. It has also divested 1 asset.

LogMeIn’s largest acquisition to date was in 2016, when it acquired Citrix Systems - GoTo Business for $1.8B. LogMeIn has acquired in 6 different US states, and 3 countries. The Company’s most targeted sectors include information technology (40%) and internet software and services (40%).

LogMeIn Ownership

Who owns LogMeIn?

LogMeIn is owned by Francisco Partners. It was acquired on December 17, 2019.

Is LogMeIn PE-backed?

Yes. LogMeIn is owned by private equity investor Francisco Partners.

Was LogMeIn formerly PE-backed?

Yes. LogMeIn was formerly owned by 2 private investors.

LogMeIn Business Overview

Where is LogMeIn headquartered?

LogMeIn is headquartered in Boston, Massachusetts.

What is LogMeIn’s revenue?

LogMeIn disclosed revenue of 1,204M USD for 2018 and 990M USD for 2017.

How many employees does LogMeIn have?

LogMeIn has 3,763 employees.

What sector is LogMeIn in?

LogMeIn is an internet software and services company.

When was LogMeIn founded?

LogMeIn was founded in 2003.

M&A Summary

  • M&A Total Activity11
    • M&A Buy Activity10
    • M&A Sell Activity1
  • Total Sectors Invested 3
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 3
  • M&A Advisors 3

LogMeIn, Inc.

320 Summer Street,
Boston, Massachusetts 02210
United States,
(781) 638-9050
www.logmeininc.com

LogMeIn, Inc. is a developer and marketer of innovative remote control, productivity, management and security products that serve mobile professionals and system administrators. Its brands include LogMeIn, an on-demand access service, and the RemotelyAnywhere line of software. LogMeIn was established in 2003 and is based in Boston, Massachusetts.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 10 - - - - - 10
vol $2.4B $2.4B
Sell (0.2/yr) # - - 1 - - - 1
  11

Most Recent M&A

Company Date Value Type
Bold360 2021-03-16 - Divestiture
Boston, Massachusetts · www.bold360.com
Jive Communications, Inc. 2018-02-08 357M USD Add-on Acquisition
Orem, Utah · www.jive.com
Nanorep 2017-08-01 45M USD Add-on Acquisition
Boston, Massachusetts · www.nanorep.com
Citrix Systems - GoTo Business 2016-07-26 1.8B USD Merger
Fort Lauderdale, Florida
Marvasol, Inc. (dba LastPass) 2015-10-09 125M USD Add-on Acquisition
Fairfax, Virginia · www.lastpass.com
Zamurai Corp. 2015-06-04 - Add-on Acquisition
San Jose, California · www.zamurai.com.
BBA, Inc. (dba Meldium) 2014-09-04 15M USD Add-on Acquisition
San Francisco, California · www.meldium.com
Ionia Corporation 2014-05-07 12M USD Add-on Acquisition
Boston, Massachusetts · www.ioniacorporation.com
Bold Software LLC 2012-01-09 17M USD Add-on Acquisition
Wichita, Kansas · www.boldchat.com
Pachube 2011-07-20 20M USD Add-on Acquisition
London, United Kingdom · www.pachube.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Information Technology 4 (40%) 77M (3%) - -
Internet Software and Services 4 (40%) 2.3B (96%) - -
Software 2 (20%) 17M (1%) 1 (100%) -
Total 10 $2.4B 1 -

By Geo

State/Country Buy Value Sell Value
United States 8 2.4B 1 -
  Massachusetts 2 57M 1 -
  California 2 15M - -
  Florida 1 1.8B - -
  Virginia 1 125M - -
  Utah 1 357M - -
  Kansas 1 17M - -
Canada 1 - - -
  British Columbia 1 - - -
United Kingdom 1 20M - -
Domestic 8 (80%) 2.4B (99%) 1 (100%) -
Cross-border 2 (20%) 20M (1%) - -
Total 10 $2.4B 1 -

Top M&A Advisors

Financial Deals
Mizuho Securities Co., Ltd.
1
RBC Capital Markets
1
Legal Deals
Latham & Watkins
2

Deal Values

buy # Total
> $1B 1 $1.8B
$100M to $1B 2 $482M
< $100M 5 $109M
TOTAL $2.4B
Largest Citrix Systems - GoTo Business
$1.8B (2016-07-26)

M&A Connections

Deals
Acquired from
Investor(s)
10%
1 (10%)
Strategic(s)
10%
1 (10%)
Divested to
Strategic(s)
100%
1 (100%)

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