M&A Deal Summary

Manhattan Acquires Evant

On August 31, 2005, Manhattan acquired software company Evant from Integral Capital Partners for 50M USD

Acquisition Highlights
  • This is Manhattan’s 1st transaction in the Software sector.
  • This is Manhattan’s largest (disclosed) transaction.
  • This is Manhattan’s 2nd transaction in the United States.
  • This is Manhattan’s 1st transaction in California.

M&A Deal Summary
Date 2005-08-31
Target Evant
Sector Software
Buyer(s) Manhattan
Sellers(s) Integral Capital Partners
Deal Type Add-on Acquisition
Deal Value 50M USD

Target

Evant

San Francisco, California, United States
Evant makes demand chain management software that manufacturers, wholesalers, and retailers use to optimize purchasing, replenishment, and distribution. Evant's software includes statistical modeling used to predict and forecast demand across a variety of product lines, including food, auto parts, electronics, and sporting goods.

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Buyer(S) 1

Buyer

Manhattan

Atlanta, Georgia, United States
Category Company
Founded 1990
Sector Software
Employees3,600
Revenue 929M USD (2023)
DESCRIPTION

Manhattan provides supply chain solutions to navigate the supply chain commerce world effectively using its advanced cloud-native technology and collaboration. Manhattan Associates was founded in 1990 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 2 of 3
Sector (Software) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (California) 1 of 1
Country (United States) 2 of 3
Year (2005) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-12-01 Logistics.com

Burlington, Massachusetts, United States

Logistics.com, Inc. delivers logistics planning and execution solutions to shippers and carriers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-12 Global Bay Mobile Technologies

South Plainfield, New Jersey, United States

Global Bay Mobile Technologies, Inc., is a provider of next-generation mobile retail solutions. Global Bay works with retailers across North America, Europe and Asia to increase sales and improve customer satisfaction with mobile applications that leverage existing POS, e-commerce, and traditional store systems.

Buy -

Seller(S) 1

SELLER

Integral Capital Partners

Menlo Park, California, United States

Investor

Category Venture Capital Firm
Founded 1991
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Integral Capital Partners operates as a group of partnerships that invests in expansion-stage private and growth-stage public companies in the information and life sciences industries. Within information sciences, Integral focuses on communications-centric computing, real-time computing, and mobility. Within life sciences, Integral targets companies that deal in emerging medical technologies and healthcare information systems. The Firm operates in partnership with the venture capital firm Kleiner Perkins Caufield and Byers, which incubated the Firm in 1991, as well as private equity firm Silver Lake Partners. Integral Capital Partners is based in Menlo Park, California.

DEAL STATS #
Overall 34 of 67
Sector (Software) 10 of 17
Type (Add-on Acquisition) 23 of 45
State (California) 24 of 48
Country (United States) 33 of 66
Year (2005) 4 of 7
Size (of disclosed) 15 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-25 SeeBeyond Technology

Monrovia, California, United States

SeeBeyond Technology Corp. is a provider of business integration software worldwide. SeeBeyond’s software enables the real-time flow of information within the enterprise and among customers, suppliers, and partners. Its Integrated Composite Application Network suite provides a process-driven integration platform, which offers composite application network suite for integration and composite application solutions encompassing application-to-application integration, business-to-business integration, and business process management with human work flow, portal, extract transfer and load, business activity monitoring, and composite application development capabilities.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-09-29 E.piphany

San Mateo, California, United States

Analytic and Operational Customer Relationship Management Software.

Sell -
Mergr

Product

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