Rocket Software - M&A Summary, Ownership, and Business Overview

SoftwareCompany

Rocket Software M&A Summary

Rocket Software has acquired 16 companies of its own, including 8 in the last 5 years. A total of 5 acquisitions came from private equity firms. It has also divested 1 asset.

Rocket Software’s largest acquisition to date was in 2024, when it acquired OpenText - Application Modernization & Connectivity Business for $2.3B. Rocket Software has acquired in 7 different US states, and 7 countries. The Company’s most targeted sectors include software (75%) and information technology (19%).

Rocket Software Ownership

Who owns Rocket Software?

Rocket Software is owned by Bain Capital Private Equity. It was acquired on October 8, 2018.

Is Rocket Software PE-backed?

Yes. Rocket Software is owned by private equity investor Bain Capital Private Equity.

Was Rocket Software formerly PE-backed?

Yes. Rocket Software was formerly owned by 1 private investor.

Rocket Software Business Overview

Where is Rocket Software headquartered?

Rocket Software is headquartered in Waltham, Massachusetts.

What sector is Rocket Software in?

Rocket Software is a software company.

When was Rocket Software founded?

Rocket Software was founded in 1990.

M&A Summary

  • M&A Total Activity17
    • M&A Buy Activity16
    • M&A Sell Activity1
  • Total Sectors Invested 3
  • Total Countries Invested 7
  • M&A Buy/Sell Connections 6

Rocket Software

Rocket Software, Inc.

77 Fourth Avenue,
Waltham, Massachusetts 02451-1468
United States,
(781) 577-4321
www.rocketsoftware.com

Rocket Software is a global software development firm that builds and services Enterprise Infrastructure products for the world’s leading OEMs, networks and software companies and enterprises. Rocket Software’s solutions make it easier to unlock the business logic and data inside host-based systems to help speed digital transformation projects and help companies compete more effectively. IT departments streamline their daily operations using the automation and optimization capabilities offered by Rocket Software to get more out of existing resources and free staff to focus on efforts that drive new revenue. Founded in 1990, Rocket is based in Waltham, Massachusetts with locations in Europe, Asia, and Australia.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.4/yr) # 9 1 3 - 2 1 16
vol $47M $2.3B $2.3B
Sell (0.0/yr) # 1 - - - - - 1
  17

Most Recent M&A

Company Date Value Type
OpenText - Application Modernization & Connectivity Business 2024-05-01 2.3B USD Divestiture
, Ontario
BOS DigiTec GmbH 2023-09-06 - Add-on Acquisition
Munich, Germany · www.bossoftware.com
Key Resources, Inc 2023-03-01 - Add-on Acquisition
Lake Villa, Illinois · www.krisecurity.com
Zumasys - Database and Tools Products 2021-10-14 - Divestiture
Irvine, California
ASG Technologies Group, Inc. 2021-04-12 - Add-on Acquisition
Naples, Florida · www.asg.com
Uniface B.V. 2021-02-03 - Add-on Acquisition
Amsterdam, Netherlands · www.uniface.com
ActiveOps - ConnectiQ & WebConnect Business 2020-10-20 - Divestiture
Reading, United Kingdom
RSD SA 2019-09-09 - Add-on Acquisition
Geneva, Switzerland · www.rsd.com
Fundi Software Pty Ltd. 2018-09-18 - Add-on Acquisition
Bentley, Australia · www.fundi.com
Trubiquity, Inc. 2014-02-28 - Add-on Acquisition
Troy, Michigan · www.trubiquity.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Software 12 (75%) 2.3B (99%) 1 (100%) -
Information Technology 3 (19%) 22M (1%) - -
Internet Software and Services 1 (6%) - - -
Total 16 $2.3B 1 -

By Geo

State/Country Buy Value Sell Value
United States 10 47M 1 -
  California 3 - 1 -
  Massachusetts 2 - - -
  Minnesota 1 25M - -
  Michigan 1 - - -
  Illinois 1 - - -
  Florida 1 - - -
Australia 1 - - -
Canada 1 2.3B - -
  Ontario 1 2.3B - -
Germany 1 - - -
Netherlands 1 - - -
Switzerland 1 - - -
United Kingdom 1 - - -
Domestic 10 (63%) 47M (2%) 1 (100%) -
Cross-border 6 (38%) 2.3B (98%) - -
Total 16 $2.3B 1 -

Deal Values

buy # Total
> $1B 1 $2.3B
< $100M 2 $47M
TOTAL $2.3B
Largest OpenText - Application Modernization & Connectivity Business
$2.3B (2024-05-01)

M&A Connections

Deals
Acquired from
Investor(s)
31%
5 (31%)
Strategic(s)
19%
3 (19%)

Company Summary

SECTOR

Software

Established

1990

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