M&A Deal Summary

LeanIX Acquires Cleanshelf

On March 24, 2021, LeanIX acquired software company Cleanshelf

Acquisition Highlights
  • This is LeanIX’s 1st transaction in the Software sector.
  • This is LeanIX’s 1st transaction in the United States.
  • This is LeanIX’s 1st transaction in California.

M&A Deal Summary

Date 2021-03-24
Target Cleanshelf
Sector Software
Buyer(s) LeanIX
Deal Type Add-on Acquisition
Advisor(s) GP Bullhound (Financial)

Target

Cleanshelf

San Francisco, California, United States
Cleanshelf is an operator of a SaaS management platform focused on tracking, controlling, and benchmarking SaaS applications. The SOC 2-compliant and AI-powered technology helps companies save up to 30% on their SaaS spending by automatically identifying unmanaged contracts, duplicate licenses, and wasted cloud software subscriptions. Cleanshelf was founded in 2017 and is based in San Francisco, California.

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Buyer(S) 1

Buyer

LeanIX

Bonn, Germany

Category Company
Founded 2012
Sector Information Technology
DESCRIPTION

LeanIX is a platform that enables Corporate IT and Product IT teams to plan and manage their Continuous Transformation journeys. From SaaS management and enterprise architecture management to the organization of multi-cloud environments and the cataloging of microservices for DevOps teams: LeanIX follows a collaborative and data-driven approach, focusing on speed and control in cloud environments and enabling companies to make sound and fast decisions based on comprehensive data. LeanIX was founded in 2012 and is based in Bonn, Germany.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1