M&A Deal Summary

insightsoftware Acquires Magnitude Software

On October 28, 2021, insightsoftware acquired software company Magnitude Software from 3i Private Equity

Acquisition Highlights
  • This is insightsoftware’s 11th transaction in the Software sector.
  • This is insightsoftware’s 7th transaction in the United States.
  • This is insightsoftware’s 2nd transaction in Texas.

M&A Deal Summary
Date 2021-10-28
Target Magnitude Software
Sector Software
Buyer(s) insightsoftware
Sellers(s) 3i Private Equity
Deal Type Add-on Acquisition

Target

Magnitude Software

Austin, Texas, United States
Magnitude Software is a provider of Enterprise Information Management software driving real business results for more than 600 active enterprise clients with over 200,000 users in 100 countries. Magnitude Software offers a family of award-winning applications, from business intelligence and data warehousing to master data management, reporting, and analytics. Magnitude Software was founded in 2014 and is based in Austin, Texas.

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Buyer(S) 1

Buyer

insightsoftware

Raleigh, North Carolina, United States
Category Company
Founded 1993
Sector Software
DESCRIPTION

insightsoftware is a provider of financial reporting and enterprise performance management (EPM) software, enabling the ‘Office of the CFO’ to connect to and make sense of enterprise data in real time so they can proactively drive greater financial intelligence. The company helps companies turn their financial & operational data into better business outcomes that drive growth and ROI through their innovative, turn-key reporting and performance management solutions. insightsoftware was founded in 1993 and is based in Raleigh, North Carolina.

DEAL STATS #
Overall 14 of 21
Sector (Software) 11 of 16
Type (Add-on Acquisition) 14 of 21
State (Texas) 2 of 2
Country (United States) 7 of 9
Year (2021) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-07 Logi Analytics

McLean, Virginia, United States

Logi Analytics is a provider of web-based business intelligence software. The company business intelligence software enables users to explore, visualize, analyze and share data insights. The platform helps organizations create web-based BI and analytic applications that can be integrated directly within their applications, systems and processes. Logi Analytics was founded in 2000 and is based in McLean, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-21 Legerity

London, United Kingdom

Legerity is a provider of cloud-based accounting rules software. This deal brings a new solution set to insightsoftware, with opportunities to connect to existing product offerings that unlock business data for finance and operations teams and application developers at organizations of all sizes. Legerity is based in London, United Kingdom.

Buy -

Seller(S) 1

SELLER

3i Private Equity

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1945
PE ASSETS 16.7B GBP
Size Mega
Type Sector Agnostic
DESCRIPTION

3i Private Equity is the private equity arm of 3i Group, a publicly held, global investment firm focused on private equity and infrastructure investing. 3i Private Equity generally targets buyout and growth capital financings and looks for opportunities across Europe, North America, and Asia. The Firm's targeted transaction range is €100 to €500 million. Industries of interest include business services, healthcare, consumer, media, oil/gas & power, technology, and financial services. 3i Group was originally formed in 1945 and is based in London.

DEAL STATS #
Overall 190 of 194
Sector (Software) 3 of 3
Type (Add-on Acquisition) 59 of 61
State (Texas) 2 of 2
Country (United States) 13 of 14
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-20 Dutch Bakery

Tilburg, Netherlands

Dutch Bakery is a provider of home bake-off bread and snack products. The company develops and produces a variety of home bake-off products, such as baguettes, croissants, sausage rolls and bread snacks. Dutch Bakery serves an international client base and mainly produces for the grocery retail sector. Dutch Bakery was founded in 1936 and is based in Tilburg, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-18 Mepal

Lochem, Netherlands

Mepal is a provider of food storage boxes, tableware and on-the-go items (e.g. lunchboxes, bottles and flasks) for adults and children which are sold through mass and specialty retail channels, e-commerce partners and Mepal’s own online channels. Mepal is based in Lochem, Netherlands.

Buy -
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