M&A Deal Summary |
|
|---|---|
| Date | 2022-03-20 |
| Target | Anaplan |
| Sector | Internet Software and Services |
| Buyer(s) |
Thoma Bravo
AIMCo |
| Deal Type | Going Private |
| Deal Value | 10.7B USD |
| Advisor(s) | Goldman Sachs Qatalyst Partners (Financial) Gunderson Dettmer Skadden, Arps, Slate, Meagher & Flom (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1980 |
| PE ASSETS | 127.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Thoma Bravo is a private equity firm that primarily invests in or acquires US-based middle-market businesses. While Thoma Bravo will consider a variety of transaction situations, including take-privates, buyouts, carve-outs, recapitalizations, and growth equity financings, the Firm has a special interest in tech consolidation opportunities. Target companies generally have a history of profitability with EBITDA of at least $20 million. The Firm's equity commitment size range is $100 to $750 million. Sectors of interest include enterprise and infrastructure software, education, distribution, financial services and consumer goods/services. The Firm will not invest in new inventions or technologies, developmental products or services, start-ups, biotech, motion pictures, distressed businesses, oil/gas, or real estate. Thoma Bravo was formerly known as Thoma Cressey Bravo and before that Golder Thoma & Co. The Firm was originally formed in 1980 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 122 of 151 |
| Sector: Internet Software and Services M&A | 21 of 28 |
| Type: Going Private M&A Deals | 28 of 43 |
| State: Florida M&A | 2 of 2 |
| Country: United States M&A | 111 of 132 |
| Year: 2022 M&A | 3 of 12 |
| Size (of disclosed) | 3 of 52 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-03-15 |
Veracode
Burlington, Massachusetts, United States Veracode develops products to help secure web, mobile and third-party applications across the software development lifecycle. Veracode's complete set of offerings help customers reduce the risk of data breaches, increase the speed of secure software delivery, meet compliance requirements, and cost effectively secure their software assets- whether that’s software they make, buy or sell. Veracode was founded in 2005 and is based in Burlington, Massachusetts. |
Sell | $2.5B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-04-11 |
SailPoint
Austin, Texas, United States SailPoint provides independent identity and access management (IAM) solutions to securely and effectively deliver and manage user access from various devices to data and applications residing in the datacenter, on mobile devices, and in the cloud for organizations worldwide. SailPoint was founded in 2004 and is based in Austin, Texas. |
Buy | $6.9B |
AIMCo is a Canadian diversified institutional investment manager serving pension, endowment and government funds in the province of Alberta. In addition to investing in public equities, fixed income, and debt, AIMCo looks to invest in private equity, real estate, timberlands, and infrastructure. AIMCo's private equity group invests in funds and directly in companies throughout North America and Western Europe. Areas of interest include consumer, industrials, business services, financial services, technology, and healthcare. AIMCo is based in Edmonton, with additional offices in Toronto and London.
| DEAL STATS | # |
|---|---|
| Overall | 33 of 40 |
| Sector: Internet Software and Services M&A | 5 of 5 |
| Type: Going Private M&A Deals | 5 of 5 |
| State: Florida M&A | 1 of 1 |
| Country: United States M&A | 17 of 22 |
| Year: 2022 M&A | 1 of 5 |
| Size (of disclosed) | 2 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-11 |
Eolia
Madrid, Spain Eolia is an independent power producer in the Spanish renewable energy sector, engaged in the development, construction and operation of wind farms and solar photovoltaic plants. Eolia was founded in 2007 and is based in Madrid, Spain. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-06-21 |
Emmes
Rockville, Maryland, United States Emmes is a global, tech-enabled full-service clinical research organization (CRO) platform dedicated to supporting the advancement of public health and biopharmaceutical innovation. Emmes was founded in 1977 and is based in Rockville, Maryland. |
Buy | - |