Add-on Acquisition • Information Technology

SAP Acquires LeanIX

On September 7, 2023, SAP acquired information technology company LeanIX from DTCP

Acquisition Context
  • This is SAP’s 13th transaction in the Information Technology sector.
  • This is SAP’s 10th transaction in Germany.

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M&A Deal Summary

Date September 7, 2023
Target LeanIX
Sector Information Technology
Buyer(s) SAP
Sellers(s) DTCP
Deal Type Add-on Acquisition

Target Company

LeanIX

Bonn, Germany
LeanIX is a platform that enables Corporate IT and Product IT teams to plan and manage their Continuous Transformation journeys. From SaaS management and enterprise architecture management to the organization of multi-cloud environments and the cataloging of microservices for DevOps teams: LeanIX follows a collaborative and data-driven approach, focusing on speed and control in cloud environments and enabling companies to make sound and fast decisions based on comprehensive data. LeanIX was founded in 2012 and is based in Bonn, Germany.
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Buyer Overview 1

Buyer

SAP

Walldorf, Germany

Category Company
Founded 1972
Sector Software
Employees108,929
Revenue 34.2B EUR (2024)
DESCRIPTION
SAP office in Downers Grove, Illinois.
SAP office in Downers Grove, Illinois.

SAP is a multinational software company that makes enterprise software to manage business operations and customer relations. SAP was founded in 1972 and is based in Walldorf, Germany.


Deal Context for Buyer #
Overall 60 of 62
Sector: Information Technology 13 of 13
Type: Add-on Acquisition 58 of 60
Country: Germany 10 of 10
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-17 Litmos

San Francisco, California, United States

Litmos develops eLearning solutions for top-performing companies. Litmos offers the world’s easiest-to-use LMS – Litmos Training – and a comprehensive course library – Litmos Training Content. Thousands of companies trust the solutions to centralize and deliver transformative training to employees, customers, and partners. Litmos was founded in 2000 and is based in San Francisco, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-05 WalkMe

San Francisco, California, United States

WalkMe is a cloud based guidance and engagement platform that helps businesses to simplify the online experiences. WalkMe was founded in 2011 and is based in San Francisco, California.

Buy $1.5B

Seller Profile 1

SELLER

DTCP

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2015
PE ASSETS 2.5B USD
Size Large
Type Sector Focused
DESCRIPTION

DTCP is a European investment management firm focused on a variety of global investment opportunities. The Firm has two investment platforms, one focused on growth equity investments in technology, and the other targeting digital infrastructure. DTCP was founded in 2015 and is headquartered in Hamburg, Germany.


Deal Context for Seller #
Overall 3 of 5
Sector: Information Technology 1 of 1
Type: Add-on Acquisition 3 of 5
Country: Germany 2 of 3
Year: 2023 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-17 Cognigy

Dusseldorf, Germany

Cognigy is an enterprise software provider for Conversational AI automation. The company's platform, Cognigy.AI, automates customer and employee communications. Available in on-premises and SaaS environments, Cognigy.AI enables enterprises to have natural language conversations with their users on any channel, webchat, SMS, voice, and mobile apps, and in any language. Cognigy was founded in 2016 and is based in Düsseldorf, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-28 Heap

San Francisco, California, United States

Heap provides low-code, easy-to-use digital analytics software that illuminates key digital behaviors and pinpoints valuable quantitative and qualitative insights so teams can quickly act with confidence and create the best possible digital experiences. Heap was founded in 2013 and is based in San Francisco, California.

Sell -