M&A Deal Summary

Salesforce Acquires ClickSoftware Technologies

On August 7, 2019, Salesforce acquired information technology company ClickSoftware Technologies from Francisco Partners for 1.4B USD

Acquisition Highlights
  • This is Salesforce’s 3rd transaction in the Information Technology sector.
  • This is Salesforce’s 8th largest (disclosed) transaction.
  • This is Salesforce’s 4th transaction in Israel.

M&A Deal Summary

Date 2019-08-07
Target ClickSoftware Technologies
Sector Information Technology
Buyer(s) Salesforce
Sellers(s) Francisco Partners
Deal Type Add-on Acquisition
Deal Value 1.4B USD

Target

ClickSoftware Technologies

Petah Tikva, Israel
ClickSoftware Technologies Ltd. is a provider of field service management solutions and optimization technology. ClickSoftware arms field service professionals and mobile workers with innovative, AI-driven technologies and real-time schedule and route optimization at scale to improve their efficiency and effectiveness. Founded in 1997, Click is a pioneer in applying complex algorithms and artificial intelligence to workforce management and today helps manage over 1 million field resources around the world in a wide variety of industries including for organizations like Bosch, Deutsche Telekom, Ericsson, and Unisys.

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Buyer(S) 1

Buyer

Salesforce

San Francisco, California, United States

Category Company
Founded 1999
Sector Internet Software and Services
Employees76,453
Revenue 37.9B USD (2025)
DESCRIPTION
Salesforce office in downtown Chicago, Illinois.
Salesforce office in downtown Chicago, Illinois.

Salesforce is a provider of enterprise cloud computing solutions. The Company's four core services include Sales Cloud, Service Cloud, Marketing Cloud and the Salesforce Platform. Salesforce delivers solutions as a service via all the major Internet browsers and on most major mobile device operating systems. Salesforce was founded in 1999 and is based in San Francisco, California.


DEAL STATS #
Overall 55 of 65
Sector: Information Technology M&A 3 of 8
Type: Add-on Acquisition M&A Deals 54 of 64
Country: Israel M&A 4 of 6
Year: 2019 M&A 5 of 5
Size (of disclosed) 8 of 24
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-10 Tableau Software

Seattle, Washington, United States

Tableau Software, Inc. is a provider of business analytics software products. Tableau's software products allow business users to engage with their data, ask questions, solve problems and create value. Tableau's products are used by people of diverse skill levels across all kinds of organizations, including large corporations, small and medium-sized businesses, government agencies, universities, research institutions and non-profits. Tableau Software, Inc. was formed in 2003 and is based in Seattle, Washington.

Buy $15.7B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-07 Evergage

Somerville, Massachusetts, United States

Evergage, Inc. is a cloud-based platform delivers real-time personalization to more than 500 million Web visitors, improving demand generation, revenue growth and customer success for over 120 organizations, including Gardener's Supply Company, Intuit, Publishers Clearing House, Rue La La, Tivo and Travelzoo.

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 58 of 88
Sector: Information Technology M&A 8 of 17
Type: Add-on Acquisition M&A Deals 35 of 55
Country: Israel M&A 4 of 4
Year: 2019 M&A 5 of 8
Size (of disclosed) 5 of 26
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-26 Nextech

Tampa, Florida, United States

Nextech is a fully-integrated, specialty specific, certified EMR, practice management, and marketing software that covers a wide array of specialty practice needs. Nextech was founded in 1997 and is based in Tampa, Florida.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-30 Orchard Software

Carmel, Indiana, United States

Orchard Software specializes in developing and supporting award-winning Laboratory Information Systems (LIS) that enhance clinical and pathology laboratory workflow, as well as support laboratory outreach and point-of-care testing (POCT). Orchard Software was founded in 1993 and is based in Carmel, Indiana.

Buy -