M&A Deal Summary |
|
|---|---|
| Date | 2021-01-25 |
| Target | 7Park Data |
| Sector | Software |
| Buyer(s) | Apptio |
| Sellers(s) | Vista Equity Partners |
| Deal Type | Add-on Acquisition |
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Apptio is a business management system for hybrid IT. Apptio transforms the way IT runs its business and makes decisions. With its cloud-based applications, IT leaders manage, plan and optimize their technology investments across on-premises and cloud. Apptio was formed in 2007 and is headquartered in Bellevue, Washington.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 7 |
| Sector (Software) | 3 of 4 |
| Type (Add-on Acquisition) | 5 of 7 |
| State (New York) | 1 of 2 |
| Country (United States) | 5 of 7 |
| Year (2021) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-10-13 |
SaaSLicense
Newton Upper Falls, Massachusetts, United States SaaSLicense is a software-as-a-service (SaaS) discovery, optimization, and management product. SaaSLicense is a powerful platform that connects to customers' single sign-on (e.g., Okta), financial (e.g., NetSuite), and SaaS (e.g., Zoom, Box, Slack and Tableau) systems and automatically detects all SaaS software usage and spend across an organization. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-11 |
Targetprocess
Amherst, New York, United States Targetprocess, Inc. empowers organizations to plan, track, and prioritize work from the strategic portfolio of projects and products to the software delivery team. Targetprocess, Inc. was founded in 2004 and is based in Amherst, New York. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 100.0B USD |
| Size | Mega |
| Type | Sector Focused |
Vista Equity Partners is a mega-sized asset management firm focused on private equity, public equity, credit, and other strategies. The Firm's private equity group looks to invest in and acquire software and technology enabled services companies. Specific areas of interest include software, software-as-a-service (SaaS), technology-enabled business services, and technology-enabled information services. Vista can commit up to $700 million per transaction and will consider a variety transaction situations, including management/leveraged buyouts, growth or acquisition financings, recapitalizations or restructurings, spinouts, and take privates. Vista Equity Partners was formed in 2000 and is based in Austin, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 48 of 70 |
| Sector (Software) | 20 of 28 |
| Type (Add-on Acquisition) | 22 of 35 |
| State (New York) | 5 of 7 |
| Country (United States) | 44 of 65 |
| Year (2021) | 2 of 15 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-19 |
Wrike
San Jose, California, United States Wrike provides a cloud-based collaborative work management platform that allows users to work within a single digital workspace. The Company’s platform integrates with numerous enterprise applications and enables teams, departments and whole organizations to plan, manage and collaborate on projects and tasks in real-time, resulting in more efficient processes and executive visibility. Wrike is based in San Jose, California. |
Sell | $2.3B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-17 |
ARCOS
Columbus, Ohio, United States ARCOS delivers SaaS solutions for managing resources, ensuring accurate, compliant shift scheduling, and automatically planning for all types of events. The ARCOS solution reports on the up-to-the-minute location and status of equipment and crews via mobile technology for utilities and other critical infrastructures like airlines, manufacturers, and industrial facilities. ARCOS was founded in 1993 and is based in Columbus, Ohio. |
Buy | - |
