M&A Deal Summary

Rogue Wave Software Acquires Akana

On November 29, 2016, Rogue Wave Software acquired software company Akana from Paladin Capital Group

Acquisition Highlights
  • This is Rogue Wave Software’s 7th transaction in the Software sector.
  • This is Rogue Wave Software’s 6th transaction in the United States.
  • This is Rogue Wave Software’s 2nd transaction in California.

M&A Deal Summary
Date 2016-11-29
Target Akana
Sector Software
Buyer(s) Rogue Wave Software
Sellers(s) Paladin Capital Group
Deal Type Add-on Acquisition

Target

Akana

Los Angeles, California, United States
Akana, Inc. is a vendor of service-oriented architecture (SOA) governance software. It includes security, monitoring, reliability and registry services to deliver a one-stop shop for organizations building Web services and SOA.

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Buyer(S) 1

Buyer

Rogue Wave Software

Boulder, Colorado, United States
Category Company
Founded 1989
Sector Software
DESCRIPTION

Rogue Wave Software, Inc. is a provider of reusable software components and services to professional developers for enterprise-class, high-performance application development. Today, thousands of developers at some of the world's leading companies have used Rogue Wave® products to develop mission-critical applications. Rogue Wave Software was founded in 1989 and is based in Boulder, Colorado.

DEAL STATS #
Overall 8 of 11
Sector (Software) 7 of 10
Type (Add-on Acquisition) 7 of 10
State (California) 2 of 3
Country (United States) 6 of 8
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-06 Zend Technologies

Cupertino, California, United States

Zend Technologies is a provider of software and services for developing, deploying and managing business-critical PHP applications on-premise and in the cloud. PHP runs 35 percent of the world’s Web sites and has quickly become the most popular language for building dynamic Web applications. The Zend family of products includes Zend Server Web application server, Zend Studio IDE and Zend Framework. Zend is headquartered in Cupertino, California, with offices in France, Germany, Ireland, Israel and Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-29 ZeroTurnaround AS

Tartu, Estonia

ZeroTurnaround AS is a developer of tools for creating software products. ZeroTurnaround solutions eliminate the time-consuming build, deploy, and run cycle, speeding Java development, and removing wait-time frustration for developers. ZeroTurnaround AS was established in 2007 and is based in Tartu, Estonia.

Buy -

Seller(S) 1

SELLER

Paladin Capital Group

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor

Category Growth Capital Firm
Founded 2001
PE ASSETS 1.0B USD
Size Large
Type Sector Focused
DESCRIPTION

Paladin Capital Group is a growth capital firm focused on early and expansion stage businesses related to homeland security, defense, and business continuity. Specific areas of interest include identity management, antimicrobial solutions, mesh networks, IT services, data storage, business process software, network management software and detection, biometrics, and protective equipment. Paladin Capital Group was formed in 2001 and is headquartered in Washington DC.

DEAL STATS #
Overall 28 of 40
Sector (Software) 6 of 9
Type (Add-on Acquisition) 20 of 28
State (California) 8 of 13
Country (United States) 24 of 34
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-02 Racemi

Atlanta, Georgia, United States

Racemi, Inc. is a provider of image based provisioning software for data center consolidation and disaster recovery. Racemi, Inc. was established in 2000 and is based in Atlanta, Georgia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-27 CyberCore Technologies

Elkridge, Maryland, United States

CyberCore Technologies is a provider of information technology services to a variety of federal government agencies with a focus on intelligence and security. CyberCore Technologies was founded in 2000 and is based in Elkridge, Maryland.

Sell -
Mergr

Product

Company

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