M&A Deal Summary

Advent International Acquires Unit4

On November 18, 2013, private equity firm Advent International acquired internet software and services company Unit4 for 1.6B USD

Acquisition Highlights
  • This is Advent International’s 7th transaction in the Internet Software and Services sector.
  • This is Advent International’s 19th largest (disclosed) transaction.
  • This is Advent International’s 6th transaction in the Netherlands.
Investment Fate
  • Unit4 was sold to a consortium of financial buyers in 2021 for 2.0B USD.

M&A Deal Summary

Date 2013-11-18
Target Unit4
Sector Internet Software and Services
Buyer(s) Advent International
Deal Type Going Private
Deal Value 1.6B USD

Target

Unit4

Sliedrecht, Netherlands
Unit4 is a global cloud-focused business software company aimed at helping dynamic public sector and commercial services organizations to embrace change simply, quickly and cost effectively in a market sector it calls 'Businesses Living IN Change' (BLINC)™. UNIT4 incorporates a number of the world’s leading change embracing software brands including Agresso, the flagship ERP suite for mid-sized services intensive organizations; Coda, the best-of-class financial management software; and FinancialForce.com, the cloud applications company formed with investment from Salesforce.com. Unit4 was founded in 1980 and is based in Sliedrecht, Netherlands.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Advent International

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 91.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Advent is a global private equity firm that targets investments in North America, Europe, Asia, and Latin America. Advent's emerging market efforts are concentrated in Central Europe and Latin America. Advent seeks transactions valued between $50 million and $5 billion and can commit up to $2 billion of equity capital per investment. Broad areas of interest include business & financial services, retail & consumer, technology, media, & telecoms, healthcare & life sciences, and industrial. Prospective transaction types include buyouts, growth capital financings, take privates, and recapitalizations. Advent was formed in 1984 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 207 of 353
Sector: Internet Software and Services M&A 7 of 14
Type: Going Private M&A Deals 8 of 23
Country: Netherlands M&A 6 of 9
Year: 2013 M&A 3 of 3
Size (of disclosed) 19 of 51
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-01 BondDesk Group

Mill Valley, California, United States

BondDesk Group LLC is a provider in US alternative trading system for the retail fixed-income market.

Sell $200M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-13 Domestic & General

London, United Kingdom

Domestic & General is a specialist provider of extended warranty plans for domestic appliances and consumer electronic products. Domestic & General Group was formed in 1912 and is based in London, United Kingdom.

Sell -