1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. California >
  6. Openwave Messaging Acquires Critical Path

M&A Deal Summary

Openwave Messaging Acquires Critical Path

On December 4, 2013, Openwave Messaging acquired internet software and services company Critical Path from General Atlantic

Acquisition Highlights
  • This is Openwave Messaging’s 1st transaction in the Internet Software and Services sector.
  • This is Openwave Messaging’s 1st transaction in the United States.
  • This is Openwave Messaging’s 1st transaction in California.

M&A Deal Summary
Date 2013-12-04
Target Critical Path
Sector Internet Software and Services
Buyer(s) Openwave Messaging
Sellers(s) General Atlantic
Deal Type Add-on Acquisition
Advisor(s) Mooreland Partners LLC (Financial)

Target

Critical Path

San Mateo, California, United States
Critical Path, Inc. is a global provider of messaging, email security, corporate directory and other unified communications solutions. The company’s white-label email and messaging products allow service providers and enterprises to offer comprehensive and customizable messaging solutions that enable millions of people to communicate, connect, share and organize through a reliable, scalable and secure communications platform.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Openwave Messaging

Redwood City, California, United States
Category Company
Founded 2012
Sector Software
DESCRIPTION

Openwave Messaging, Inc. is a provider of core e-mail and voicemail software solutions to major telecommunications service providers, mobile operators and cable operators.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services 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: 2013 M&A 1 of 1

Seller(S) 1

SELLER

General Atlantic

Investor Investor Investor Investor Investor

Category Growth Capital Firm
Founded 1980
PE ASSETS 105.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

General Atlantic is a large private equity firm that invests globally in growth-oriented public and private companies. Broad areas of interest include financial services, media and consumer, healthcare, enterprise solutions, communications and electronics, and energy. General Atlantic looks to invest $40 to $400 million in transactions that support growth, expansions, buy-outs, consolidations and build-ups. General Atlantic seeks to make 8 to 12 investments per year with an investment horizon of five to ten years. The Firm's geographic coverage spans North America; Europe; Asia/Pacific; and India. General Atlantic was formed in 1980 and is based in New York, New York.

DEAL STATS #
Overall 60 of 166
Sector: Internet Software and Services M&A 8 of 29
Type: Add-on Acquisition M&A Deals 23 of 50
State: California M&A 8 of 27
Country: United States M&A 34 of 86
Year: 2013 M&A 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-02 Gavilon

Omaha, Nebraska, United States

Gavilon originates, stores, and distributes grains, oilseeds, as well as feed and food ingredients, to food manufacturers, livestock producers, poultry processors, soybean processors, and ethanol producers worldwide. Gavilon was founded in 2008 and is headquartered in Omaha, Nebraska.

Sell $2.7B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-16 MeteoGroup

London, United Kingdom

MeteoGroup Ltd. is the global weather authority. Company combine accurate science with advanced technology and local expertise with global reach. MeteoGroup is trusted by hundreds of government agencies, thousands of companies and millions of consumers. With offices in 12 countries around the world, MeteoGroup is perfectly placed to provide local services to a global audience.

Buy €190M
Mergr

Solution for

Product

Company

Legal