M&A Deal Summary

Oracle Acquires Primavera Systems

On October 8, 2008, Oracle acquired software company Primavera Systems from Francisco Partners

Acquisition Highlights
  • This is Oracle’s 36th transaction in the Software sector.
  • This is Oracle’s 41st transaction in the United States.
  • This is Oracle’s 3rd transaction in Pennsylvania.

M&A Deal Summary

Date 2008-10-08
Target Primavera Systems
Sector Software
Buyer(s) Oracle
Sellers(s) Francisco Partners
Deal Type Add-on Acquisition

Target

Primavera Systems

Bala Cynwyd, Pennsylvania, United States
Primavera is a software company whose clients depend on its project, resource and portfolio management solutions to identify which projects are most important and to make it easy for people to work collaboratively, productively and successfully.

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Buyer(S) 1

Buyer

Oracle

Austin, Texas, United States

Category Company
Founded 1977
Sector Software
Employees159,000
Revenue 53.0B USD (2024)
DESCRIPTION
Oracle's headquarters in Austin, Texas.
Oracle's headquarters in Austin, Texas.

Oracle provides products and services that address corporate information technology (IT) environments including applications, platforms, and infrastructure. Its products and services are available to customers via cloud computing or on-premises deployment models. Products include database and middleware software, application software, cloud infrastructure software and hardware systems (Oracle Engineered Systems, servers, storage, networking and industry specific products), along with support and related services. Oracle was formed in 1977 and is based in Austin, Texas.


DEAL STATS #
Overall 49 of 132
Sector: Software M&A 36 of 73
Type: Add-on Acquisition M&A Deals 43 of 124
State: Pennsylvania M&A 3 of 3
Country: United States M&A 41 of 114
Year: 2008 M&A 9 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-01 Advanced Visual Technology

St. Albans, United Kingdom

AVT enables retailers to collaborate with their stores and supplier partners to design and plan retail floor space in real time with a current photo-realistic view of each store. AVT combined with Oracle Retail provides a comprehensive space planning and optimization solution that is expected to maximize profitability of one of the retail industry's most valuable assets—their retail store space.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-29 RuleBurst Holdings Pty.

Chatswood, Australia

RuleBurst Holdings Limited, the parent company of Haley Limited (Haley), a leading provider of policy modeling and automation software for legislative and regulated industries such as public sector, financial services and insurance.

Buy -

Seller(S) 1

SELLER

Francisco Partners

San Francisco, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 45.0B USD
Size Mega
Type Sector Focused
DESCRIPTION
Francisco Partners' headquarters in San Francisco, California.
Francisco Partners' headquarters in San Francisco, California.

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 13 of 88
Sector: Software M&A 3 of 30
Type: Add-on Acquisition M&A Deals 7 of 55
State: Pennsylvania M&A 1 of 2
Country: United States M&A 12 of 73
Year: 2008 M&A 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-09-22 Aconex

Melbourne, Australia

Aconex Ltd. is a vendor of on-demand document management, online project management, correspondence management, risk management, and web collaboration technology solutions to the construction and natural resources industries. Aconex was founded in 2000 and is based in Melbourne, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-27 Centricity Contingent Staffing

Hartford, Wisconsin, United States

Centricity Contingent Staffing is a provider of human capital management solutions to the healthcare industry including time and attendance, staffing and scheduling, patient classification, payroll, human resource, productivity management and education tracking software.

Buy -