M&A Deal Summary |
|
|---|---|
| Date | 2024-05-06 |
| Target | Black Duck Software |
| Sector | Software |
| Buyer(s) |
Francisco Partners
Clearlake Capital |
| Sellers(s) | Synopsys |
| Deal Type | Divestiture |
| Deal Value | 2.1B USD |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 45.0B USD |
| Size | Mega |
| Type | Sector Focused |
Francisco Partners is a private equity firm focused exclusively on investments in technology and technology-enabled services. Specific areas of interest include semiconductors, capital equipment, electronics components, systems and manufacturing, IT services and business process outsourcing, communications, security and enterprise applications, and infrastructure software. Prospective investment situations include divisional buyouts, growth equity financings, acquisitions of private companies, sponsored mergers and acquisitions, and take-privates. Francisco Partners looks for opportunities where it can commit a minimum of $100 million per investment. Francisco Partners was formed in 1999 and is based in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 153 of 160 |
| Sector: Software M&A | 51 of 53 |
| Type: Divestiture M&A Deals | 30 of 31 |
| State: Massachusetts M&A | 10 of 10 |
| Country: United States M&A | 127 of 134 |
| Year: 2024 M&A | 2 of 5 |
| Size (of disclosed) | 6 of 31 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-14 |
Jama Software
Portland, Oregon, United States Jama Software is a product development platform for companies building complex, smart and connected products. The Jama solution enables enterprises to accelerate development time, mitigate risk, slash complexity and verify regulatory compliance. Jama Software was founded in 2006 and is based in Portland, Oregon. |
Buy | $1.2B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-06-05 |
TCI
Mountain View, California, United States TCI is a provider of technology-enabled social studies and science curriculum to K-12 students. TCI programs and resources support the needs of students and educators with an easy-to-implement, interactive curriculum that is comprehensive and blends print and digital materials. TCI was founded in 1989 and is based in Mountain View, California. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2006 |
| PE ASSETS | 90.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Clearlake Capital Group is a private equity firm that focuses on corporate divestitures, recapitalizations, buyouts, restructurings, rescue financing, growth capital, turnarounds, and other equity investments. Clearlake seeks to partner with strong management teams by providing long-term capital and operational expertise. Areas of interest include technology, industrials, and consumer. Clearlake Capital Group was formed in 2006 and is based in Santa Monica, California.
| DEAL STATS | # |
|---|---|
| Overall | 89 of 93 |
| Sector: Software M&A | 18 of 19 |
| Type: Divestiture M&A Deals | 9 of 9 |
| State: Massachusetts M&A | 8 of 8 |
| Country: United States M&A | 85 of 88 |
| Year: 2024 M&A | 1 of 2 |
| Size (of disclosed) | 7 of 16 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-12-18 |
Alteryx
Irvine, California, United States Alteryx is a provider of self-service data analytics software. Alteryx's software platform enables organizations to dramatically improve business outcomes and the productivity of their business analysts. Alteryx's subscription-based platform allows organizations to prepare, blend, and analyze data from a multitude of sources and more quickly benefit from data-driven decisions. The ease-of-use, speed, and sophistication that its platform provides is enhanced through intuitive and highly repeatable visual workflows. Alteryx was founded in 1997 and is based in Irvine, California. |
Buy | $4.4B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-08-14 |
AMCS
Limerick, Ireland AMCS supplies integrated software and vehicle technology for the waste, recycling, and material resources industries. AMCS Platform is a suite of best-in-class SaaS solutions that includes industry-specific enterprise management software, intelligent optimization, mobile workforce, vehicle technology, digital engagement, and analytics solutions, which delivers digital innovation to the emerging circular economy worldwide. AMCS was founded in 2003 and is based in Limerick, Ireland. |
Sell | - |
Synopsys is a global software company providing electronic design automation tools, semiconductor intellectual-property blocks, and verification & simulation solutions that help engineers design, test, and build integrated circuits, systems-on-chip, and complex electronics. Synopsys was founded in 1986 and is based in Sunnyvale, California.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector: Software M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 2 of 3 |
| State: Massachusetts M&A | 2 of 2 |
| Country: United States M&A | 2 of 3 |
| Year: 2024 M&A | 1 of 2 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-20 |
Intrinsic-ID
Sunnyvale, California, United States Intrinsic-ID is a digital authentication company that provides the Internet of Things with hardware-based root-of-trust security via unclonable identities for any IoT-connected device. Intrinsic-ID was established in 2008 and is based in Sunnyvale, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-09-19 |
Synopsy - Optical Solutions Group
Sunnyvale, California, United States Synopsys' Optical Solutions Group develops optical design tools. |
Sell | - |
