M&A Deal Summary |
|
|---|---|
| Date | 2023-08-22 |
| Target | The Weather Company - Digital Assets |
| Sector | Information Services |
| Buyer(s) | Francisco Partners |
| Sellers(s) | IBM |
| Deal Type | Divestiture |
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| 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 | 143 of 149 |
| Sector (Information Services) | 3 of 3 |
| Type (Divestiture) | 30 of 32 |
| State (Georgia) | 8 of 8 |
| Country (United States) | 119 of 124 |
| Year (2023) | 5 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-07-31 |
New Relic
San Francisco, California, United States New Relic is a SaaS provider focused on analytics services. New Relic was founded in 2007 and is based in San Francisco, California. |
Buy | $6.5B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-12-04 |
Muse Group
San Francisco, California, United States Muse Group is an operator of music technology brands. Our products and services operate under many different brands, including Ultimate Guitar, Audacity, StaffPad, MuseScore, Tonebridge, and MuseClass. Muse Group is based in San Francisco, California. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1911 |
| Sector | Information Technology |
| Employees | 282,200 |
| Revenue | 61.9B USD (2023) |
IBM is a global provider of information technology products and services. IBM's products and services include IT infrastructure and business process services, cloud computing, business analytics, and enterprise software. IBM was formed in 1911 and is based in Armonk, New York.
| DEAL STATS | # |
|---|---|
| Overall | 32 of 32 |
| Sector (Information Services) | 1 of 1 |
| Type (Divestiture) | 29 of 29 |
| State (Georgia) | 1 of 1 |
| Country (United States) | 26 of 26 |
| Year (2023) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-06-26 |
Apptio
Bellevue, Washington, United States 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. |
Buy | $4.6B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-12-18 |
StreamSets
San Francisco, California, United States StreamSets provides an innovative data operations platform that reinvents how enterprises deliver timely and trustworthy data to their critical applications. StreamSets Data Collector is an open source software for the development of any-to-any dataflows. StreamSets Dataflow Performance Manager provides a comprehensive control panel for managing the day-to-day operation of complex dataflow topologies. StreamSets was founded in 2014 and is based in San Francisco, California. |
Buy | - |
