M&A Deal Summary

Eptura Acquires iOFFICE

On October 4, 2022, Eptura acquired internet software and services company iOFFICE from Thoma Bravo

Acquisition Highlights
  • This is Eptura’s 1st transaction in the Internet Software and Services sector.
  • This is Eptura’s 2nd transaction in the United States.
  • This is Eptura’s 1st transaction in Texas.

M&A Deal Summary

Date 2022-10-04
Target iOFFICE
Sector Internet Software and Services
Buyer(s) Eptura
Sellers(s) Thoma Bravo
Deal Type Merger

Target

iOFFICE

Houston, Texas, United States
iOFFICE is a provider of enterprise workplace SaaS platform, mobile tools and analytics to simplify facility management, empower employees and increase workplace productivity. iOFFICE is based in Houston, Texas.

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Buyer(S) 1

Buyer

Eptura

Atlanta, Georgia, United States

Category Company
Sector Internet Software and Services
DESCRIPTION

Eptura is a global worktech company that provides software solutions for people, workplaces and assets to enable everyone to reach their full potential. With millions of users across 115+ countries, Eptura is trusted by more than 16,000 companies to realize a better future at work. Eptura is based in Atlanta, Georgia.


DEAL STATS #
Overall 3 of 3
Sector (Internet Software and Services) 1 of 1
Type (Merger) 3 of 3
State (Texas) 1 of 1
Country (United States) 2 of 2
Year (2022) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-04 Condeco Software

London, United Kingdom

Condeco Software is a provider of integrated hardware and software solutions which are designed to give companies all the tools they need to make the most of their workplaces, will now offer a combined platform which simplifies the process of video collaboration. Condeco Software was founded in 2005 and is based in London.

Buy -

Seller(S) 1

SELLER

Thoma Bravo

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1980
PE ASSETS 127.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Thoma Bravo is a private equity firm that primarily invests in or acquires US-based middle-market businesses. While Thoma Bravo will consider a variety of transaction situations, including take-privates, buyouts, carve-outs, recapitalizations, and growth equity financings, the Firm has a special interest in tech consolidation opportunities. Target companies generally have a history of profitability with EBITDA of at least $20 million. The Firm's equity commitment size range is $100 to $750 million. Sectors of interest include enterprise and infrastructure software, education, distribution, financial services and consumer goods/services. The Firm will not invest in new inventions or technologies, developmental products or services, start-ups, biotech, motion pictures, distressed businesses, oil/gas, or real estate. Thoma Bravo was formerly known as Thoma Cressey Bravo and before that Golder Thoma & Co. The Firm was originally formed in 1980 and is based in Chicago, Illinois.


DEAL STATS #
Overall 68 of 79
Sector (Internet Software and Services) 8 of 12
Type (Merger) 8 of 9
State (Texas) 10 of 11
Country (United States) 64 of 73
Year (2022) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-04 Condeco Software

London, United Kingdom

Condeco Software is a provider of integrated hardware and software solutions which are designed to give companies all the tools they need to make the most of their workplaces, will now offer a combined platform which simplifies the process of video collaboration. Condeco Software was founded in 2005 and is based in London.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-11 ForgeRock

San Francisco, California, United States

ForgeRock is the digital identity management company transforming the way organizations interact securely with customers, employees, devices, and things. Organizations adopt the ForgeRock Identity Platform as their digital identity system of record to monetize customer relationships, address stringent regulations for privacy and consent (GDPR, HIPAA, FCC privacy, etc.), and leverage the internet of things. ForgeRock was founded in 2010 and is based in San Francisco, California.

Buy $2.3B