M&A Deal Summary

Digital.ai Acquires CollabNet

On April 16, 2020, Digital.ai acquired software company CollabNet from TPG

Acquisition Highlights
  • This is Digital.ai’s 2nd transaction in the Software sector.
  • This is Digital.ai’s 2nd transaction in the United States.
  • This is Digital.ai’s 1st transaction in Georgia.

M&A Deal Summary

Date 2020-04-16
Target CollabNet
Sector Software
Buyer(s) Digital.ai
Sellers(s) TPG
Deal Type Merger

Target

CollabNet

Alpharetta, Georgia, United States
CollabNet is a provider of collaborative software development and delivery solutions. CollabNet provides a suite of tools that allow software developers at companies of all sizes to more effectively collaborate on projects and manage the software development process. CollabNet was founded in 1999 and is based in Alpharetta, Georgia.

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Buyer(S) 1

Buyer

Digital.ai

Raleigh, North Carolina, United States

Category Company
Founded 2020
Sector Information Technology
DESCRIPTION

Digital.ai is a technology company that provides agile planning, application protection, software delivery, and artificial intelligence into a unified Value Stream Platform. Digital.ai was established in 2020 and is based in Raleigh, North Carolina.


DEAL STATS #
Overall 2 of 4
Sector (Software) 2 of 2
Type (Merger) 2 of 2
State (Georgia) 1 of 1
Country (United States) 2 of 4
Year (2020) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-16 Arxan

Bethesda, Maryland, United States

Arxan is a provider of software security solutions. Arxan focuses on solutions that address the vulnerability of software running on a machine that is no longer controlled by the software’s creator. Arxan was founded in 2001 and is based in Bethesda, Maryland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-16 Numerify

San Jose, California, United States

Numerify, Inc. is an artificial intelligence (AI) analytics solutions firm, and Experitest, a continuous quality provider. Numerify is based in San Jose, California.

Buy -

Seller(S) 1

SELLER

TPG

Fort Worth, Texas, United States

Investor Investor Investor Investor


Category Private Equity Firm
Founded 1992
PE ASSETS 137.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TPG Capital is a global, mega-sized private investment firm that manages a family of funds focused on private equity, real estate, venture capital, public equity and debt investing. TPG invests in opportunities across a broad range of industries and geographies. TPG generally seeks to invest in established businesses that can benefit from the Firm's operational experience and connections. Industries of interest include consumer, retail, healthcare, industrials, digital media, natural resources, energy, real estate, technology, and software. TPG was formerly known as Texas Pacific Group and was originally established in 1992 by David Bonderman, James Coulter and William Price. The Firm is based in Forth Worth, Texas with additional offices in Europe, Asia, and Australia.


DEAL STATS #
Overall 210 of 267
Sector (Software) 14 of 18
Type (Merger) 7 of 8
State (Georgia) 4 of 7
Country (United States) 151 of 193
Year (2020) 5 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-16 Digital.ai

Raleigh, North Carolina, United States

Digital.ai is a technology company that provides agile planning, application protection, software delivery, and artificial intelligence into a unified Value Stream Platform. Digital.ai was established in 2020 and is based in Raleigh, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-17 STX Entertainment

Burbank, California, United States

STX Entertainment is a fully integrated, diversified, global media company designed from inception to unlock value from the 21st century’s changing media landscape. STX specializes in the development, production, marketing, and distribution of talent-driven films, television, and digital media content, with a unique ability to maximize the impact of content across worldwide, multiplatform distribution channels, including unparalleled global capabilities and direct passage into the China market. STX Entertainment was founded in 2014 and is based in Burbank, California.

Sell -